Offers over

£1,442,000

(£88.38/sq. ft)

Property for sale
Callflex, Doncaster Road, Wath-Upon-Dearne, Rotherham S63

    • 16,316 sq. ft

  • Leasehold

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Commercial List

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About this property

  • Investment Sale

  • Strong Covenant Tenant

  • Recently Refurbished

  • Producing £130,000 Plus VAT pa

  • Excellent Parking

  • 5 Year Lease Commensing From 31/03/2026

  • NIA - 1,515.79 sq m (16,316 sq ft)

  • Niy - 8.50%

The property comprises a modern detached office building arranged over ground and first floor providing a mixture of cellular and open plan accommodation. Externally there is extensive parking for approximately 71 vehicles.

Internal specification includes;

- Full accessible raised floors
- Male / Female & Disabled toilets to each floor
- Passenger lift
- LED lighting

Location

The property is located on the Callflex Business Park in Wath-Upon-Dearne, which is strategically positioned between Sheffield (10m), Rotherham (6m), Doncaster (8m) and Barnsley (7m) within the Dearne Valley. This provides a large catchment area for employers to draw upon and has attracted major occupiers including NatWest, G4S, Next Distribution and South Yorkshire Police to the area. Wath-Upon-Dearne is situated between the M1 to the west and the A1(M) to the east providing excellent road connection to both Yorkshire and the wider UK motorway network.

The property is accessed off Doncaster Road which links to Manvers Way and sits equidistant between Junction 36 of the M1 to the west and Junction 36 of the A1(M) to the east, with each being approximately 12 miles away.

Description

The property comprises a modern detached office building arranged over ground and first floor providing a mixture of cellular and open plan accommodation. Externally there is extensive parking for approximately 71 vehicles.

Internal specification includes;

- Full accessible raised floors
- Male / Female & Disabled toilets to each floor
- Passenger lift
- LED lighting

Tenancy Information

The property is let on a renewed full repairing and insuring lease to the Yorkshire Ambulance Service nhs Trust (yas) for a 5-year term. The lease commenced on 31/03/2026 at a passing rental of £113,000 plus VAT per annum for the first two years which then increases to £130,000 plus VAT per annum for the remainder of the lease. For the purposes of the sale the rental will be ‘topped up’ by the current vendor to £130,000 plus VAT per annum.

The tenant has been in occupation since 2013 and this property forms a vital part of their emergency response service providing 24 hours ‘111’ call receiving services. This requires a dedicated call centre for trained staff to provide this service for the local region.

The tenants have recently undertaken a full refurbishment of the building including M&E demonstrating their long term commitment to the property. We have been informed that the tenant invested approx. £300,000. They have also installed solar pv panels to the roof at an additional cost of over £100,000. This level of investment we feel underlines the mission critical nature of the asset to the tenant.

The rent reflects a very low level of £7.97 psf (£130,000 plus VAT per annum) providing both excellent prospects for rental growth and a low-cost property for the tenant to operate from. Yas has a highly skilled workforce drawn from the region working at this property.

Further information can be found at -

Accommodation

We have been informed that the approximate net internal floor area is as followed;

total NIA - 1,515.79 sq m (16,316 sq ft)

Services

We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition

Business Rates

From enquiries made through the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: Tbc

Interested parties should make their own enquiries as to the amount of rates payable.

Terms

The property is for sale on a long leasehold basis, subject to the current tenancy in place. We are inviting offers in excess of £1,442,000 plus VAT reflecting an attractive 8.50% net initial yield.

Tenure

The property is held on a 150-year leasehold expiring March 2125 at a peppercorn rental.

Epc

Energy rating - C

Vat

We understand that VAT is payable on the sale price.

Legal Costs

Each party to pay their own legal costs incurred.

Viewing

For an appointment to view or further information please contact;

Commercial List
e: T:

Agent Notes

Please note, by submitting an enquiry regarding this property you agree that we may send your details to the freeholder / landlord / managing agent of this property so they may contact you in order to answer any questions or arrange a convenient viewing time. Furthermore, these Particulars are believed to be correct, but their accuracy cannot be guaranteed, and they do not constitute an offer or a contract.

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Property descriptions and related information displayed on this page are marketing materials provided by - Commercial List. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Commercial List for full details and further information.