Sicey Avenue, Sheffield S5 6NE
Size
1,851
Tenure
Freehold
EPC
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Parking
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- Primary use
- Out of town retail
- Frontage
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No floor / site plan
Key features
- Freehold For Sale - Fully Let Investment
- Ground Floor Shops & Upper Commercial Floor Space
- Long Term Tenants
- Total Income of £26,500 Per Annum
- Excellent Location In the Heart of Firth Park
- Ideal For Investors/SIPP – Offers Of £260,000
Description
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.
- 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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Brochure
Sicey Avenue, Sheffield S5 6NE
About Crosthwaite Commercial Limited, Sheffield
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.
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Disclaimer - Property reference siceyavenue. 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.