PRIVATE CLIENT
BOOKER CASH & CARRY, TWIBELL STREET, BARNSLEY S71 1DN
SINGLE LET WHOLESALE INVESTMENT WITH FIXED UPLIFTS PRIVATE CLIENT
INVESTMENT CONSIDERATIONS ■■ Cash & Carry warehouse investment located in close proximity to ■■ The property comprises a single storey industrial warehouse totalling the M1 in an established industrial estate in Barnsley’s Town Centre a GIA of approximately 86,947 sqft (8,078 sqm). ■■ The property is let on a full repairing and insuring lease to ■■ Freehold Giant Booker Limited (D&B 5A1) with 11.5 years unexpired ■■ The vendor will consider topping the rent up to the minimal 2020 (6.5 years to break) uplift to result in a more attractive yield for the purchaser ■ ■ Rent reviews subject to a minimum 2.5% pa compound rental growth ■■ Offers sought in excess of £3,600,000 (Three Million Six Hundred with the next rent review in February 2020. Thousand Pounds) subject to contract and exclusive of VAT. This ■■ Tesco completed a £3.7 billion takeover of Booker Group PLC in 2018. reflects an attractive Net Initial Yield of 7.25% with a minimum ■■ Total Current Income of £277,955 per annum (£3.20 psf) with a Reversionary Yield of 8.20% in 2020, after allowing for purchaser’s minimum rental uplift to £314,481 in 2020 costs of 6.51%. PRIVATE CLIENT
BOOKER CASH & CARRY, TWIBELL STREET, BARNSLEY S71 1DN SINGLE LET WHOLESALE INVESTMENT WITH FIXED UPLIFTS
METRODOME LEISURE COMPLEX
A61
BARNSLEY BUS & TRAIN STATION
BARNSLEY DIGITAL MEDIA CENTRE D NDEE ■ PERTH ■
PRIVATE CLIENT
BOOKER CASH & CARRY, TWIBELL STREET, BARNSLEY S71 1DN EDINB RGH SINGLE LET WHOLESALE INVESTMENT WITH FIXED UPLIFTS ■
GLASG
NE CASTLE P N TYNE ■
■ ■ CARLISLE S NDERLAND
MIDDLESBR GH
Y R LOCATION LEEDS
E
N A H LL Located in South Yorkshire within the attractive Dearne Valley, Barnsley is L
L IL M 12 miles (19.3 km) north of Sheffield, 20 miles (32.2 km) south of Leeds and D L O BU A R HALIFA 6 1 TO 3 6 N ROAD 17 miles (27.4km) west of Doncaster. 5 A H D D E R With a population of c. 81,250 and an above average Primary Catchment S F IE L D SC NTH RPE R Area population of 270,000 (Promis), the town is a major commercial and B LT N BARNSLEY A
D River Dearne D NCASTER administrative centre in the region. Barnsley is strategically located with GRIMSBY
NE LA ILL close proximity of a number of national road networks, with the M1, M62, D M