Wards Court, 203 Ecclesall Road, Sheffield, S11 8HW

LOCATION
The premises are situated in a prime location in Wards Court, just off Ecclesall Road, Sheffield's premier suburban district centre. It is easily accessible to the Inner Ring Road and a short walk from Sheffield City Centre.

Occupiers in the immediate vicinity include Wetherspoons, Shell and Sheffield Dental Centre.

DESCRIPTION
Wards Court is a two storey listed building which has been converted into office accommodation. The property provides modern office suites of various sizes, each of which have their own kitchen facilities and shared WC facilities.

Externally there is a car park with 10 spaces which we are offering for sale separately.

ACCOMMODATION (Approx internal areas)
Ground Floor 1,127 sq ft 104.70 sq m
First Floor 1,693 sq ft 157.25 sq m
Total 2,820 sq ft 261.95 sq m

ENERGY PERFORMANCE CERTIFICATE
Copies of the EPCs are available upon request.

RATING
The premises are assessed as follows:

Unit 1 -Offices and Premises - Rateable Value £13,000

Unit 2 -Offices and Premises- Rateable Value £12,250

Unit 3 -Offices and Premises- Rateable Value £7,900

SALE
Offers in the region of £425,000 are invited for the Long Leasehold interest, with which would reflect a net initial yield of approx. 8%. The lease is for 150 years from April 2006, leaving 131 years unexpired.

We are also offering 10 car parking spaces for sale at £150,000 on a Long Leasehold basis.

If applicable VAT will be charged on the purchase price.

TENANCIES
The Ground and part-first floor is let to Mascot Management at a rent of £21,000 per annum expiring in April 2026. The remainder of the first floor is let to McVey Associates at a rent of £14,500 per annum expiring October 2028 with a break in October 2025.

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.