Guide Price: £325,000 - £350,000
Description
EXCELLENT MIXED COMMERCIAL & RESIDENTIAL INVESTMENT, BUSINESS UNAFFECTED - £29,728pa. A substantial income producing opportunity by way of a three storey, extended end of terrace with rear car parking, located in the heart of Sheffield's busy University and Teaching Hospital District. The ground and lower ground floor areas are trading as Napoli Centro pizzeria, with A3 consent and let until 14th October 2028 at £16,000pa whilst the residential accommodation above is let to three students at £13,728pa until 13th June 2025. The accommodation has been comprehensibly refurbished to a high standard as well as being professionally managed and presents an rare investment opportunity in the heart of this thriving area.
Location
The property occupies a prime trading position in the heart of this exceptionally busy district located between Sheffield's teaching hospitals and University campus. The city centre is less than a mile away and there are excellent transport links including the University tram stops on Hanover Way and West Street.
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 91
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 5TH NOVEMBER AND CLOSES ON WEDNESDAY 6TH NOVEMBER.
3. Energy Performance Certificate = 343 B. 343a C.
4. 6 Week completion timeframe.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Outside
The property benefits from a single car parking space to the rear.