Sicey Avenue, Sheffield S5 6NE

LOCATION
The property occupies a prominent position on Sicey Avenue within the well-established suburb of Firth Park, approximately 4 miles north of Sheffield City Centre. The surrounding area is predominantly commercial and residential in nature, with Firth Park benefiting from a strong mix of national, regional and independent occupiers.

The property benefits from good levels of passing traffic and footfall together with excellent public transport links and on-street car parking available nearby.

DESCRIPTION
The property comprises a double fronted ground floor nail salon and beautician’s premises together with additional commercial accommodation at first floor level. The ground floor has been fitted out for beauty and salon use, whilst the upper floor provides further commercial space which is separately let.

The property therefore offers a mixed commercial configuration, providing income from both the ground and first floor accommodation. In addition, there is a forecourt to the front of the property.

ACCOMMODATION (Approx Internal Areas)

Ground Floor Shop 6 & 8 934 sq ft 87 sq m
Ground Floor Shop 10 210 sq ft 20 sq m
Upper Floor 6A 705 sq ft 65 sq m
Total Floor Area 1,851 sq ft 172 sqm

RATING ASSESSMENT
The Premises are assessed as follows.

10 - Shop & Premises - RV £4,250
6 & 8 - Shop & Premises - RV £9,200
6 A - Cafe & Premises - RV £5,100

ENERGY PERFORMANCE CERTIFICATE
Copies of the EPC are available on request.

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.

SALE
Offers in the region of £260,000 are invited for the Freehold interest, which would reflect a net initial yield of approx. 10 %.

VAT will be charged on the purchase price.

TENANCIES
6&8 – are let to a private individual for a combined rent of £13,000 per annum expiring March 2029.

6a- is let to a Private Individual at a rent of £6,000 per annum on a rolling tenancy.

10 - The property is let to a Private Individual at a rent of £7,500 per annum expiring in Feb 2028.

TITLE INFORMATION
The property is held Freehold under Title Number SYK406620.