130 Dykes Lane, Sheffield S6 4RJ

LOCATION
The property is located on Dykes Lane, in the Hillsborough area of Sheffield.

Nearby occupiers include Tesco Express, Kady’s K9’s, Lost in Ink Tattoo Studio, Amazing Barbers and Dykes Lane news. The shops serve the wider area, including Wisewood, Loxley and Wadsley and the location receives good levels of footfall.

DESCRIPTION
The building is a mid-terrace property arranged over three floors, fronting Dakes Lane. The premises comprises a retail unit on the ground floor and residential accommodation on the upper floors.

The ground floor unit provides a main retail space to the front with WC, kitchen and storage to the rear. There is a one-bedroom flat on the first and second floor which has been newly refurbished to a high standard. The flat benefits from a modern bathroom, open plan living space and kitchen area.

There is a garden to the rear with external storage.

ACCOMMODATION (Approx internal areas)
Ground Floor - Retail 473 sq ft 43.96 sq m
First Floor 362 sq ft 33.67 sq m
Second Floor 210 sq ft 19.51 sq m
Total 1,045 sq ft 97.14 sq m

ENERGY PERFORMANCE CERTIFICATE
The retail unit has a rating of 55 (Band C). The residential flat has a rating of 55 (Band D). Copies of the EPCs are available upon request.

SALE
Offers at £230,000 are invited for the Freehold interest. If applicable VAT will be payable at the prevailing rate.

TENANCIES
The Ground floor is let on a short term tenancy at a rent of £8,400 per annum.

The flat is let on an AST for £10,200 per annum.

Total contracted rent - £18,600 per annum.

RATING
The premises are assessed as follows:

Shop and Premises - Rateable Value £4,100.

The flats are in Council Tax Band A.

MONEY LAUNDERING
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.