£699,995
Land for sale
Property photos
Just added
£699,995
Land for sale
High Street, Rotherham S60Local area information
Property location
Nearby amenities
- Rotherham Central 0.2 miles
- St Ann's Junior and Infant School 0.5 miles
- Clifton Community School 0.7 miles
- Meadowhall 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Rotherham to find out more about the local area.
Features and description
- Freehold Mixed Use Investment Property
- Rental Income £49,140
Freehold Town Centre Mixed-Use Building Located In Rotherham, South Yorkshire
Grade II Listed Character Building
£49,140 Current Income | £54,000+ Reversionary Potential
Residential Led Investment With Controllable Rental Growth
Ref 3221
Guide Price £699,995
Location
29 High Street occupies a central position within Rotherham town centre in an established mixed retail and residential environment. The surrounding occupiers include independent traders, service businesses and national operators, supporting consistent footfall and occupational demand.
The location provides tenants with day-to-day convenience including supermarkets, banking, leisure facilities and public transport within walking distance, helping maintain stable occupancy levels.
Rotherham continues to attract tenants seeking affordability relative to Sheffield whilst remaining within commuting distance. The property benefits from access to the A630 and nearby M1 motorway network with Sheffield approximately (6 miles) away, Doncaster (11 miles) and Barnsley (10 miles), supporting a broad employment catchment.
Investment Summary
Tenure: Freehold
Location: 29 High Street, Rotherham Town Centre
Current Income: £49,140 per annum
Estimated Reversionary Income: £54,000+ per annum (approx)
Indicative Yield (guide only)
Passing: Approx 7.0% gross
Reversionary: Approx 7.7% gross
(Purchasers to rely on their own calculations)
Asset Type: Residential Led Mixed-Use Investment
Management: Managed building with day-to-day rent collection in place
Opportunity: Residential rents currently below market levels providing immediate uplift potential
Description
Veritas Business Sales are pleased to offer to the market this mixed-use freehold investment at 29 High Street, Rotherham, comprising of self-contained residential apartments, a two-bedroom cottage and a ground floor retail unit, producing a combined income of £49,140 per annum.
The Grade II listed building forms part of the established High Street frontage and has proven well suited to residential occupation, supporting consistent tenant demand. All residential units are held on AST agreements allowing periodic review and alignment to market levels.
The property is fully let and provides immediate income, with identifiable rental growth potential through standard asset management rather than reliance on development. The commercial unit provides an additional income stream and diversification of occupier profile.
The investment therefore operates as a straightforward income producing asset today, with scope for an incoming owner to improve rents and overall value over time.
The opportunity will appeal to investors seeking a residential-led town centre holding with balanced income and potential for gradual enhancement of returns.
Residential accommodation
&
Rental profile
Unit Type Current Rent Est Market Rent Potential Uplift
29a 1 Bed £545 £660 £115
29b 1 Bed £600 £660 £60
29c 1 Bed £600 £660 £60
29d 1 Bed £575 £660 £85
Badgers Cottage 2 Bed £775 £875 £100
Current Residential Income: £37,140 per annum Estimated Market Residential Income: £42,180 per annum (approx)
Ground Floor Retail Unit (Bar)
Rent: £1,000 per month (£12,000 per annum)
The unit is currently undergoing fit-out with a new tenant due to take occupation shortly. The lease will be granted on a full internal repairing basis.
Asset Management Opportunities
• Align residential rents to market levels over time
• Improve EPC ratings where applicable
• Review and re-gear the commercial lease in future cycles
• Potential refinance following improved income profile
Services & Management
All mains' services are connected with individual electricity metering to each flat. A management structure is in place for rent collection and general building oversight. Tenants are responsible for their own utilities and council tax.
EPC ratings range from b-e, with lower rated units capable of improvement.
Public and on-street parking is available within walking distance. The property benefits from electric heating and traditional wooden sash glazing.
Investment Summary
29 High Street Apartments & Commercial Unit is offered freehold subject to existing tenancies.
The property provides a combination of immediate income and controlled growth potential. The residential weighting reduces reliance on retail performance while retaining diversified income. The opportunity suits investors seeking a stable town centre holding capable of improving yield through management rather than significant capital expenditure.
Grade II Listed Character Building
£49,140 Current Income | £54,000+ Reversionary Potential
Residential Led Investment With Controllable Rental Growth
Ref 3221
Guide Price £699,995
Location
29 High Street occupies a central position within Rotherham town centre in an established mixed retail and residential environment. The surrounding occupiers include independent traders, service businesses and national operators, supporting consistent footfall and occupational demand.
The location provides tenants with day-to-day convenience including supermarkets, banking, leisure facilities and public transport within walking distance, helping maintain stable occupancy levels.
Rotherham continues to attract tenants seeking affordability relative to Sheffield whilst remaining within commuting distance. The property benefits from access to the A630 and nearby M1 motorway network with Sheffield approximately (6 miles) away, Doncaster (11 miles) and Barnsley (10 miles), supporting a broad employment catchment.
Investment Summary
Tenure: Freehold
Location: 29 High Street, Rotherham Town Centre
Current Income: £49,140 per annum
Estimated Reversionary Income: £54,000+ per annum (approx)
Indicative Yield (guide only)
Passing: Approx 7.0% gross
Reversionary: Approx 7.7% gross
(Purchasers to rely on their own calculations)
Asset Type: Residential Led Mixed-Use Investment
Management: Managed building with day-to-day rent collection in place
Opportunity: Residential rents currently below market levels providing immediate uplift potential
Description
Veritas Business Sales are pleased to offer to the market this mixed-use freehold investment at 29 High Street, Rotherham, comprising of self-contained residential apartments, a two-bedroom cottage and a ground floor retail unit, producing a combined income of £49,140 per annum.
The Grade II listed building forms part of the established High Street frontage and has proven well suited to residential occupation, supporting consistent tenant demand. All residential units are held on AST agreements allowing periodic review and alignment to market levels.
The property is fully let and provides immediate income, with identifiable rental growth potential through standard asset management rather than reliance on development. The commercial unit provides an additional income stream and diversification of occupier profile.
The investment therefore operates as a straightforward income producing asset today, with scope for an incoming owner to improve rents and overall value over time.
The opportunity will appeal to investors seeking a residential-led town centre holding with balanced income and potential for gradual enhancement of returns.
Residential accommodation
&
Rental profile
Unit Type Current Rent Est Market Rent Potential Uplift
29a 1 Bed £545 £660 £115
29b 1 Bed £600 £660 £60
29c 1 Bed £600 £660 £60
29d 1 Bed £575 £660 £85
Badgers Cottage 2 Bed £775 £875 £100
Current Residential Income: £37,140 per annum Estimated Market Residential Income: £42,180 per annum (approx)
Ground Floor Retail Unit (Bar)
Rent: £1,000 per month (£12,000 per annum)
The unit is currently undergoing fit-out with a new tenant due to take occupation shortly. The lease will be granted on a full internal repairing basis.
Asset Management Opportunities
• Align residential rents to market levels over time
• Improve EPC ratings where applicable
• Review and re-gear the commercial lease in future cycles
• Potential refinance following improved income profile
Services & Management
All mains' services are connected with individual electricity metering to each flat. A management structure is in place for rent collection and general building oversight. Tenants are responsible for their own utilities and council tax.
EPC ratings range from b-e, with lower rated units capable of improvement.
Public and on-street parking is available within walking distance. The property benefits from electric heating and traditional wooden sash glazing.
Investment Summary
29 High Street Apartments & Commercial Unit is offered freehold subject to existing tenancies.
The property provides a combination of immediate income and controlled growth potential. The residential weighting reduces reliance on retail performance while retaining diversified income. The opportunity suits investors seeking a stable town centre holding capable of improving yield through management rather than significant capital expenditure.
More information
Listed by
Veritas Business Sales Ltd
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