OUTSTANDING COMMERCIAL/RESIDENTIAL INVESTMENT - £105,484 pa (with potential to increase to £113,128) . An impressive double fronted salon with two residential apartments above occupying a prime location opposite Marks & Spencer on Sheffield's sought after Ecclesall Road. The property is currently professionally managed and offers a high standard of accommodation worthy of an inspection. The ground floor is let until 6th October 2035 at £56,000 with 4 year rent reviews with insurance and service charge contributions. The two residential properties are both let until 27th June 2026 and will be marketed at increased rents of £99 pppw for 2026/27 enabling an overall increased income of £113,128 pa.
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 23RD SEPTEMBER AND CLOSES ON WEDNESDAY 24TH SEPTEMBER.
3. Energy Performance Certificate = C.