Floor | Use | Sq M | Sq Ft | Tenant | Lease | Rent (PA) |
Ground First Second | Retail Ancillary Ancillary | 1,020.20 1,020.20 374.60 | 10,977 10,977 4,031 | Boots UK Ltd (1) | 35 years from 25/03/1987 | £173,000 |
Total |
| 2,415.00 | 25,985 |
|
| £173,000 |
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An end of terrace building of traditional construction beneath a pitched roof and is arranged over ground, first and second floors totalling approximately 2,415.00 sq m (25,985 sq ft). The building is dual fronted and as such offers the potential to be split, subject to obtaining any necessary consents. The building may also lend itself to future alternative uses, subject to obtaining the necessary consents. To the rear of the property is a yard and service area that is accessed from Henry Street.
Rotherham is one of the major commercial centres of South Yorkshire and lies about 6 miles north east of Sheffield, 12 miles south west of Doncaster and 29 miles south of Leeds. It lies to the north of the M1 motorway, which can be accessed via junctions 33 and 34 and to the west of the M18 motorway, which can be accessed via junction 1. Rotherham Central Station provides regular services to Sheffield and Doncaster and the Rotherham Transport Interchange in the town centre provides almost 1,300 daily bus services having undergone a recent £12 million refurbishment programme.
The property lies in the heart of the pedestrianised shopping zone in the town centre and commands a prominent trading position at the junction of Effingham Street and Howard Street. The Cascades Shopping Centre is opposite and nearby occupiers include Halifax, Natwest, Argos, Superdrug and Poundland.
The original lease was granted to Boots The Chemists Ltd, which became Boots UK Ltd in 2007. For the year ending 31st August 2018, Boots UK Ltd reported a turnover of £6,790,000,000, a pre-tax profit of £398,000,000 and shareholders’ funds of £875,000,000 (source: Companies House).
Boots is the largest pharmacy and health and beauty chain in the UK and as at 31/08/2019 operated from 2,465 stores across the UK (source: www.boots-uk.com).
Rotherham Metropolitan Borough Council (01709 382121) www.rotherham.gov.uk
Freehold
Rating 74 Band C
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