Christopher Dee logo
Riverside House
Acquired

Riverside House

Main Street, Rotherham S60 1QY

  • 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

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
LinkedIn logo vcard logo
Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
LinkedIn logo vcard logo

Subscribe

Sign up to receive all our latest investment opportunities:

Find us on LinkedIn LinkedIn logo