232 Holme Lane, Sheffield, S6 4JZ
- SIZE AVAILABLE
763 sq ft
71 sq m
- SECTOR
Out-of-town retail property for sale
Key features
- Fully Let Investment For Sale
- Excellent Location Fronting Holme Lane
- Reversionary Asset - Long Term Tenants
- Total Income of £7,200 pa
- For Sale - Ideal For Investors/SIPP
- Totalling 763 sq ft (70.9 sq m)
- Offers Invited in the Region of £97,500
Description
The property is located on Holme Lane, in the Sheffield
suburb of Hillsborough.
Hillsborough is an extremely popular suburban retail
centre with a main high street (Middlewood Road) and
Hillsborough Precinct Shopping Centre which is in the
close vicinity to the subject property.
The area has become more popular with cafes, small
bars and restaurants in recent years.
DESCRIPTION
The building consists of a brick built, mid terraced,
property beneath a slate pitched roof. The ground floor
is used as a takeaway and comprises a kitchen to the
rear and serving area to the front. The first floor
consists of two rooms, used as office/workshop
accommodation.
Externally there is a WC in the back yard which is
demised to the first-floor tenant.
ACCOMMODATION (Approx internal areas)
Cellar 117 sq ft 10.9 sq m
Ground Floor 366 sq ft 34.0 sq m
First Floor 280 sq ft 26.0 sq m
Total Floor Area 763 sq ft 70.9 sq m
ENERGY PERFORMANCE CERTIFICATE
Copies of the EPCs are available upon request.
RATING
The premises are assessed as follows:
Shop and Premises - Rateable Value £9,700.
Workshop and Premises - Rateable Value £1,075
Both units should qualify for 100% rates relief.
SALE
Offers in the region of £97,500 are invited for the
Freehold interest, with the benefit of the rental income
from both the ground and first floor. If applicable VAT
will be charged on the purchase price.
RESIDENTIAL TENANCY
The Ground floor is let to a private individual at a rent
of £5,580 per annum for 10 years expiring in
November 2031. There is a rent review scheduled in
November 2026.
The first floor is let to a private individual on a verbal
agreement at a rent of £1,620 per annum. We
understand that they have been a long-standing
tenant.
MONEY LAUNDERING
In order to comply with Money Laundering
Regulations, purchasers will be required to provide
identification documentation together with confirmation
of the source of funding. Further details on request.
LEGAL COSTS
Each party are to be responsible for the payment of
their own legal fees in connection with this transaction.
Brochures
232 Holme Lane, Sheffield, S6 4JZ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Malin Bridge Tram Stop0.1 miles
- Hillsborough Park Tram Stop0.4 miles
- Hillsborough Tram Stop0.4 miles
Notes
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