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6 Middlewood Road, Sheffield, S6 4GY

£190,000

£91.21 per sq ft

Business rates & charges may apply

Crosthwaite Commercial Limited, Sheffield
SIZE AVAILABLE

2,083 sq ft

194 sq m

SECTOR

Out-of-town retail property for sale

Key features

  • Retail Investment For Sale - Whole Building
  • Prime Retail Unit In the Heart of Hillsborough
  • Building Let to Café Boo at a Rent of £18,000 Per Annum
  • Future Redevelopment Potential (STP)
  • 2,083 sq ft (193.46 sq m)

Description

LOCATION
The property is located on the east side of Middlewood Road, in the Sheffield suburb of Hillsborough, close to its junction with Hillsborough Corner.

Occupiers in the area include Home Bargains, B&M, Boots, Wilko and a large number of local occupiers providing an eclectic mix of shops, cafes an pubs.

There are excellent public transport links with numerous bus routes and the Supertram running along Middlewood Road.

DESCRIPTION
The building is is arranged over basement to third floors and is let out to one tenant who operate Café Boo which is an extremely popular eatery. They have been in occupation for approximately seven years.

The ground floor café / retail space extends to approximately 405 sq ft and the total building size is 2,083 sq ft.

There is the potential for future redevelopment to residential on the upper floors, subject to planning.

The building also comes with two dedicated car parking spaces to the rear of the property.

TENANCY
There is a lease in place on the whole building to Mohammed Azizi (t/a Café Boo) until 29th August 2028 at a rent of £18,000 per annum.

ACCOMMODATION
(All net areas are approximate)


Basement 405 sq ft 37.61 sq m
Ground 548 sq ft 50.92 sq m
First 399 sq ft 37.05 sq m
Second 426 sq ft 39.58 sq m
Third 305 sq ft 28.30 sq m
Total 2,083 sq ft 193.7 sq m

TENURE
The freehold is available with the benefit of the current lease / tenant.

PRICE
We are quoting £190,000.

USE
The building falls under use category 'E' in the new Use Class Order, applicable as of 1st September 2020.

VAT
The building is NOT elected for VAT.

RATING
The unit is rated as 'Shop and Premises' with a 2023 Rateable Value of £16,000.

PLANNING
Planning was previously granted for 'a full change of use of upper floor offices for use as a house in multiple occupation (HMO) for up to six occupants (Use Class C4) and erection of single storey rear extension to existing ground floor.' Ref - 21/01225/FUL - this has now elapsed.

ENERGY PERFORMANCE CERTIFICATE
Rating 'E'. Certificate available on request.

Brochures

6 Middlewood Road, Sheffield, S6 4GY

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hillsborough Tram Stop0.1 miles
  • Hillsborough Park Tram Stop0.1 miles
  • Malin Bridge Tram Stop0.3 miles

About Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

Crosthwaite Commercial is an independant Sheffield based commercial property consultancy specialising in all aspects of retail, leisure, office and industrial agency as well as providing rent review/lease renewal, development and investment advice.

Martin Crosthwaite FRICS is a Chartered Surveyor with over 38 years experience, having spent the last 32 years living and working in Sheffield for two well known practices, Lane Walker, and J Trevor & Sons.

Notes

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Disclaimer - Property reference 6middlewoodroad. 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 Crosthwaite Commercial Limited, Sheffield. 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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