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607-609 Ecclesall Road, Sheffield, S11 8PT

£995,000

£335.92 per sq ft

Business rates & charges may apply

SMC Brownill Vickers, South Yorkshire
SIZE AVAILABLE

2,962 sq ft

275 sq m

SECTOR

Industrial development for sale

Key features

  • Located on Ecclesall Road in south west Sheffield
  • Fully let with a current gross income of £83,452.68 pa
  • Ground floor restaurant let to Damrong Thai Ltd (with guarantor) t/a 'Patoo Thai'
  • Upper floors (4 x studio flats) let on separate AST agreements
  • Busy suburban location nearby Nonna's Sheffield, Sainsburys, Mowgli, Lost & Found, The Beer House, etc

Description

Description
The property is comprised of two units constructed around the early 20th century, which would have originally been substantial dwelling houses. The property has been converted and extended to provide a restaurant premises to the ground floor and flats to the upper floors.

The ground floor is comprised of a large Thai restaurant with kitchen and toilet accommodation. The two upper floors have been converted to provide four flats. The refurbishment works were undertaken in approximately 2010.

There is a separate access via a corridor to the four apartments. Flats 2 and 3 are bedsits with fully fitted kitchens and a separate shower room/WC. Flats 1 and 2 are duplex apartments. Flat 1 has a kitchen at first floor level and a bedroom/living room plus a shower room/WC at first floor level. Flat 2 has a bedroom on first floor level with a landing and kitchen/living room plus a shower room/WC.

Location
The property has direct frontage onto Ecclesall Road (A625) close to Hunters Bar in south west Sheffield. The location is approximately 1.5 miles southwest of Sheffield City Centre. The property is adjacent to the former Heritage Museum. There are several other restaurant and bar users nearby. These include the Mowgli, Nonnas, The Beer House, The Porter Brook public house and others. There are also a number of leisure uses including Trib3 gym. Sainsburys Local is also located a short distance away.

Tenure
The property is offered for sale on a Freehold basis subject to the current tenancies stated within these details.

Freehold - Title Numbers SYK520796 and SYK274804

Tenancy Details
The ground floor at 607-609 Ecclesall Road is let on the following basis:

Lease Dated: 26th April 2010
Tenant: Damrong Thai Ltd
Guarantor: Mayuree Musigapong
Term: 15 years from 26th April 2010
Rent: £55,000 pa
Tenant Repair Covenant: Effectively FRI

The four studio flats at first and second floor level at 607-609 Ecclesall Road are let on assured shorthold tenancies (ASTs) producing a total income of £28,452.68 pa.

The total current approximate income is £83,452.68 pa. Further details are available by request.

Price
£995,000, subject to contract. We understand VAT is not payable on the purchase price.

Legal Costs
Each party to bear their own legal costs incurred in this transaction.

Viewing Arrangements
For further information or accompanied viewings, please contact the agent:
Francois Neyerlin
Telephone:
Email: francois.

Viewings strictly via appointment with the agent only.

Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.

Brochures

607-609 Ecclesall Road, Sheffield, S11 8PT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • University of Sheffield Tram Stop1.1 miles
  • West Street Tram Stop1.3 miles
  • Netherthorpe Road Tram Stop1.4 miles

About SMC Brownill Vickers, South Yorkshire

82 Queen Street, Sheffield, S1 2DW

SMC Brownill Vickers, South Yorkshire

Brownill Vickers is a multi-faceted firm of Chartered Surveyors, Valuers and Commercial Estate Agents which was established in 1884. We have an unrivalled reputation for providing good quality, clear and knowledgeable advice to a broad range of clients from our offices in Sheffield and Barnsley.

We are a firm of qualified Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors which means that all of our clients are assured of the very highest professional standard

More properties from SMC Brownill Vickers, South Yorkshire

Notes

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Disclaimer - Property reference 126752-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SMC Brownill Vickers, South Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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