20 Abbey Lane, Sheffield, S8 0BL

LOCATION
The building is situated on a prominent position fronting Abbey Lane at its junction with Mitchell Road, in the popular Sheffield suburb of Woodseats. The area is home to a mix of both national and local occupiers including Costa Coffee, KFC and SPAR convenience store.

Other occupiers in the immediate vicinity include Beauchief Medical Practice, Abbeymoor Veterinary Centres, Poseidon Fish Bar and many more.

DESCRIPTION
There are three self-contained suites within the building, arranged as below:

Unit 1 - ground floor café with an outdoor seating area to the front of the building with kitchen and WCs to the rear.

Unit 2 - ground floor car repair garage comprising workshop space with small office, kitchen and WC.

Unit 3 - first floor beauty salon with numerous partitioned treatment rooms.

ACCOMMODATION (Approx net internal area)

Unit 1 - GF 615 sq ft 57.14 sq m
Unit 2 - GF 811 sq ft 75.34 sq m
Unit 3 - GF 945 sq ft 87.79 sq m
Total 2,371 sq ft 220.27 sq m

RATEABLE VALUE
Interested parties are invited to make their own enquiries with the relevant authority.

ENERGY PERFORMANCE CERTIFICATE
Unit 1 - 62 (C) Unit 2 - 73 (C) Unit 3 - 124 (E).

SALE
Offers in the region of £220,000 are invited for the Freehold interest.

The building is NOT elected for VAT.

TENANCIES
Unit 1 - let to Spoon café at a rent of £9,000 per annum for 6 years expiring in January 2030. There is a mutual break option on 11th January 2027.

Unit 2 - let to DG Autos at a rent of £4,500 per annum for 10 years expiring February 2027.

Unit 3 - let to Body & Beauty at a rent of £5,200 per annum for 10 years expiring March 2033. There is a Tenant break option on 10th March 2026.

The total contracted rent is £18,700 per annum.

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.