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Commercial Property for sale

Station Road, Chapeltown, Sheffield

Sold STC £325,000
4,061 sq. ft.

Property Description

Key features

  • Multi-occupied Commercial Investment Property
  • Gross Rental Income 29,000 p/a
  • The property comprises a multi-occupied commercial investment of two ground floor retail units which are separately occupied and a first floor self contained office suite.
  • 2 main tenants include Lloyds TSB Bank plc and Coop Group Travel 1 Ltd
  • EPC Asset Rating D

Full description

The property comprises a detached two storey brick built commercial building constructed under a flat felt roof. Occupying the ground floor of the building are 3 retail units, 2 of which are occupied by Lloyds TSB, with the third being occupied by Coop Group Travel 1 Ltd. To the first floor is a self contained office suite held on a lease by a local independent business

To the rear of the building is an Asda Superstore and car park and the building benefits from having a staircase and footpath from the car park and along the side of the building. The property is positioned along Station Road which is one of the main roads through Chapeltown centre in what is a prominent position. Chapeltown is situated approximately 7 miles to the north of Sheffield city centre, and 10 miles to the south of Barnsley town centre.

The sale of this property presents an excellent opportunity to acquire investment properties with Lloyds TSB Bank Plc held on a lease for a further 8 years with an initial yield of 7.7%.

Bramleys, for themselves and for the Vendors or Lessors of this property, whose Agent they are, have made every effort to ensure the details given have been prepared in accordance with the above Act and to the best of our knowledge give a fair and reasonable representation of the property. Please note:
1. There is a six inch measurement tolerance, or metric equivalent, and the measurements given should not be entirely relied upon and purchasers must take their own measurements if ordering carpets, curtains or other equipment.
2. None of the mains services, i.e. gas, water, electricity, drainage or central heating system (if any) have been tested in any way whatsoever. This also includes appliances which are to be left insitu by the vendors.

More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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