Home to Rotherham Borough Council and a primary social hub serving the resident population
Provisions within the property include a public library, neighbourhood hub, art gallery and cafe
Provides approximately 172,000 sqft of high quality, modern office accommodation arranged across 3 wings, over 4, 5 and 6 storeys
172 basement and surface car parking spaces
Strategic location close to Rotherham train station
To be let entirely to Rotherham Metropolitan Borough Council for a term of 35 years from completion on Full Repairing and Insuring Terms
The initial rent is £2,795,000 per annum, reflecting a rate of £16.25 per sq ft
The rent payable is subject to annual upwards only review in line with the increase in the Retail Price Index (RPI) subject to a collar of 2% and a cap of 5%
The tenant has the option to acquire the freehold interest in the property upon lease expiry for a nominal consideration of £1