Commercial property for sale in Sheffield

Investment for sale - £120,000 Long Leasehold - 125 Years from Dec 1993 Sheffield City Centre Size - 325 Sq. Ft Price - £120,000 Long Leasehold Rental income - £12,500 per annum VAT - Applicable EPC - TBC Fees - Each party to bear their own costs The property comprises a detached single storey retail lock up unit with store to the rear in a Prime City centre position Accommodation - The property is approximately 325 sq ft and is a single storey property with rear ancillary storage. Location - The subject property is located in Castle Square in the Heart of Sheffield City Centre, opposite the tram stop, the unit benefits from a busy passing trade, an ideal retail position. Sheffield is a popular and highly accessible University town, with the M1 Motorway via the A57 just 9 miles to the East Tenure - The property is held on a 125 year lease from the 23rd December 1993 at a peppercorn rent with no reviews. The long leasehold investment is available for £120,000 + VAT Tenancy Details - The property is let on a 10 year lease from 8th May 2015 on fully repairing and insuring terms. Following the review in 2020 the current passing rent is £12,500 per annum plus VAT. A new reversionary lease has been agreed from 8th May 2025 at £13,000 pax A copy of the lease is available upon request.

Commercial property for sale in Sheffield, England

Commercial property for sale

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