38 Birley Moor Road, Sheffield, S12 4WD
Size
1,218
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Mixed-use investment
- A total annual income of £24,940
- A strong yield of 9.07%
- Potential for rental uplifts
- Popular Sheffield suburb
- May have development potential / alternative uses (subject to requisite consents)
Description
A well-presented end-terrace mixed-use investment property, occupying a prominent position within a popular and established parade. Dating from the 1960s and constructed in traditional brick beneath a pitched and hipped tiled roof, the property offers a strong, reliable structure with modernised frontage including uPVC double glazing and aluminium-framed shopfronts.
The ground floor provides two fully self-contained commercial units, both benefitting from strong local footfall and excellent visibility. The smaller unit is occupied by a nail salon, while the larger unit is fitted out as a barbershop, both offering attractive income streams.
A separate entrance leads to the first floor, where a spacious and well-maintained two-bedroom flat occupies the entire upper level.
This is a mixed-use property in a good location with secure commercial tenants and a self-contained two-bed flat. It’s low-maintenance and currently generates a strong income of £24,940 a year with scope to increase that.
Location
The property is located in the Frecheville area of Sheffield located towards the south east of the city centre circa 5 miles distant. The property forms part of a parade of similar units in an elevated position on the south west of Birley Moor
Road. Birley Moor Road provides access to the outer Sheffield suburbs of Mosborough, Waterthorpe and Eckington.
The area is one of mixed use with commercial, service sector retailing and residential occupiers.
Tenure
The property is held on a Freehold basis:
Title Number: SYK447416
Tenancy Details
Tenancy Schedule
• 38a Birley Moor Road -Let to a private Individual – 20-year lease from March 2025 with a 5-year break clause, producing £6,900 per annum
• 38b Birley Moor Road-Under offer to a private individual (Barbershop) – Under Offer at £11,500 per annum, a new 6 year lease with a 3 year break clause from completion
• 38c Birley Moor Road- First-Floor Residential Flat – Let on AST at £6,540 per annum
Price
£275,000. We understand VAT is not payable on the purchase price.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful party will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful party
EPC
38a Birley Moor Road (Nail Salon) -D 88
38b Birley Moor Road (Barber Shop) -D 89
38c Birley Moor Road (Two-bedroom Flat)- E 52
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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38 Birley Moor Road, Sheffield, S12 4WD
About SMC Brownill Vickers, South Yorkshire
Brownill Vickers is a multi-faceted firm of Chartered Surveyors, Valuers and Commercial Estate Agents which was established in 1884. We have an unrivalled reputation for providing good quality, clear and knowledgeable advice to a broad range of clients from our offices in Sheffield and Barnsley.
We are a firm of qualified Chartered Surveyors regulated by the Royal Institution of Chartered Surveyors which means that all of our clients are assured of the very highest professional standards.
Our Director led services include valuation, lease advisory, building surveying & development, property management as well as commercial estate agency dealing with sales and lettings. We also act for clients with acquisition requirements.
We deal with all commercial sectors and have a specialist advisor team dealing with the licensed trade and leisure industries. Residential lettings and real estate investment management services also delivered.
We consider ourselves to be friendly, approachable and pride ourselves at our ability to deliver the best outcomes for our clients. Contact us today to see how we can help you.
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Disclaimer - Property reference 345663-1. 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 SMC Brownill Vickers, South Yorkshire. 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.