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
UnitTypeCurrent RentEst Market RentPotential Uplift
29a1 Bed£545 £660 £115
29b1 Bed£600 £660 £60
29c1 Bed£600 £660 £60
29d1 Bed£575 £660 £85
Badgers Cottage2 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.

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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