Riverside House, Main Street, Rotherham S60 1QY

Riverside House, Main Street, Rotherham S60 1QY

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  • 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

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