16-18 Market St
Hoyland S74 9QR
Retail Property For Sale

The site is situated off Market Street, Hoyland, Barnsley, in an established mixed-use area in Hoyland town centre. The land lies to the north of King Street and is accessed from Market Street, with surrounding area comprises town centre uses and residential housing, including The Hoyland Centre, council offices and other local services.
Reversionary multi let retail investment Freehold, multi let retail investment located adjacent to B&M with nearby occupiers including Dominos opposite, Heron and Bargain Booze. The parade includes 9 retail units let to local retailers which includes a butchers, greengrocers and hairdressers and two additional income sources from the Royal Mail and In Post. The current passing rent is £56,100 per annum on leases of 5, 6 and 12 years, commencing in either 2025 or 2026, a tenancy schedule is available on request. 5 car parking spaces included in the title, with shared parking opposite and 2 hours free parking. The parade of units fronts a shared town centre car park with B&M providing excellent access. Nearby occupiers include Heron, Bargain Booze and Dominos opposite. The property is elected to VAT.
Adjacent to B&M Reversionary yield of 10.79% Value add investment All units fall below business rates threshold In accordance with the Money Laundering Regulations prospective purchasers will be asked to produce identification of the intended purchaser and other documentation to support any offers submitted to the vendors.