Withdrawn

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6 Week Completion Available

Landmark freehold building (25,833 sq ft, source EPC) in a prominent town centre position. Potential for commercial / institutional / religious use and residential development subject to planning, vacant.

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Description/Location

Occupying a site of 0.35 acres adjacent to the Forge Island regeneration zone. The building comprises extensive leisure and ancillary space (Class E) across 3 floors, Rotherham Central Station is within 150m. Currently offered for rent at £50,000 (previously let to Mecca Bingo at £125,950 pa). Planning applied Ref: RB2021/0981 for demolition and construction of a 5 storey building comprising 3 ground floor commercial units and 45 flats (26 x 2 bed, 19 x 1 bed). An adjacent site has consent for a mixed use development including cinema, hotel, food & drink units Ref: RB2020/0485, the building opposite was granted consent for a 69 room hotel in August 2019.

VAT IS APPLICABLE TO THIS LOT (OPTION TO TAX).

Tenure

Freehold

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Lower Ground: Leisure, 960 sq ftGround: Leisure, 12,739 sq ftMezzanine: Ancillary, 2536 sq ftFirst: Leisure, 9545 sq ft. Energy Rating: C/73

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.