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16-20 College St 8,872 SF Retail Building Rotherham S65 1AG $739,973 ($83.41/SF) 5.45% Cap Rate

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Investment Highlights

Mixed-use investment and development opportunity in Rotherham city centre.
Existing commercial income of £30,000 per annum secured on a new 5-year FRI lease.

Full planning permission granted for 9 self-contained residential flats.

Executive Summary

Investment and development opportunity offered for sale at Offers In The Region Of £550,000. The property benefits from an existing rental income of £30,000 per annum from a ground floor commercial unit let on a 5-year FRI lease, with additional income potential from a second vacant commercial unit. Full planning permission has been granted for nine self-contained residential flats.