Guide Price: £70,000
Description
FREEHOLD COMMERCIAL INVESTMENT £7,200pa WITH RENT REVIEW NEXT YEAR - An inner terrace property occupying a high profile main road position, a short walk from the Malin Bridge Supertram stop on this busy route from Hillsborough to a number of residential locations including Stannington, Loxley, Walkley and Wisewood. The property comprises a long established ground floor takeaway trading as "The Hillsborough Grill" together with first floor accommodation accessed from the rear. The ground floor is let at £5,580pa for 10 years until November 2031 with a rent review in 2026, whilst the upper floors are held on a long established verbal agreement at £1,620pa.
Planning
Interested parties should consult directly with the Local Planning Authority: Sheffield City Council, Howden House, 1 Union Street, Sheffield, S1 2SH. Telephone: 0114 203 9183.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 9TH DECEMBER AND CLOSES ON WEDNESDAY 10TH DECEMBER.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
