Motus Group, Claycliffe Road, Barnsley S75 1LR

Available
Motus Group, Claycliffe Road, Barnsley S75 1LR
Price £2,305,000
Rent (pa) £190,000
Yield 7.75%

Investment Summary

Modern single let dealership investment in Barnsley, South Yorkshire

Barnsley has a population of in excess of 250,000 and sits within the Yorkshire and Humber region, forming part of the wider South Yorkshire metropolitan area

The town is located approximately 17 miles south of Leeds, 16 miles north of Sheffield and 170 miles north of London

Barnsley recently named the UK’s first government backed ‘Tech Town’

Excellent access to M1 Motorway at Junctions 37 and 38 (3 miles distant)

Two modern car dealership buildings

Total gross internal floor area of 18,838 sq ft

Total site area of 2.2 acres providing a low site cover of 15%

Let to Motus Group (UK) Limited

Lease recently regeared to provide a new 10 year term

Initial rent of £190,000 per annum (£10.08 psf)

Rent to be reviewed 5 yearly in line with RPI annually compounded (1-3% cap and collar)

Tenant only break clause on the fifth anniversary of the term

Demonstrable future redevelopment potential to alternative roadside uses

Freehold

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