1 & 1a Castlegate, Tickhill, Doncaster, DN11 9QP

Location

Description & Accommodation
Two prominent retail units, fronting a busy street located in the affluent village of Tickhill with reversionary interest in the 3 flats above.

Leases
1 Castlegate (Juicy Fruits) is held on a 5 year contracted out lease from 1/11/2022 at a rent of £12,000 p.a the business has been trading since c.1994. 1a Castlegate (The Barber Shop) is let on a 1 year lease from 2022 at a rent of £8,342 p.a. The tenant has been in occupation since 2008.
The 3 flats are let on 125 year leases from January 1985 and they have approximately 87 years remaining. We understand each flat pays a ground rent of £10.00 p.a

Note: the sale will be subject to the 1987 Landlord and Tenancy Act, as amended by the Housing Act of 1996 if required.

Summary

Key points

• 2 Commercial units
• Long leasehold interest in 3 flats
• Popular and well regarded village
• 1 castlegate let to Juicy Fruits until 31/10/2027 on a contracted-out lease
• Juicy Fruits trading for c.28 years from the property
• 1a Castlegate 1 year from March 2022
• Barbers trading since c.2008
• Total rental income: £20,342 p.a

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