Ground floor retail unit together with 2 bedroom maisonette over the first and second floor, detailing a total annual equivalent income of £28,700.
The title being offered comprises the freehold of both 525 & 527 Ecclesall Road, however, 525 Ecclesall Road has been effectively sold by way of a long leasehold agreement at a nominal ground rent all as detailed in the legal pack.
The property is located on the popular Ecclesall Road approximately 1.5 miles west of Sheffield City centre between Bruce Road and Hickmott Road.
The area is a mix of residential and retail and is know for its bars restaurants and shopping. Local occupiers include Sainsbury's Local, Nando's, Tescos and KFC. Local amenities include Endcliffe Park, Botanical Gardens with Sheffield Hallam University, Collegiate Campus as short distance away.
For all planning enquiries please contact; Sheffield City Council Tel: 0114 203 9183
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 24TH MAY AND CLOSES ON WEDNESDAY 25TH MAY.
3. Energy Performance Certificate = C
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Ground floor retail unit is let by way of a 5 year lease from April 2022 at £20,000 pa
The flat on the first and second floors is let on an AST producing £725 pcm or the annual equivalent of £8,700 pa.
To be sold by Public Online Auction on the 25th May 2022.
PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION. THEREFORE YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEERS WEBSITE.