110-114 Mansfield Road, Sheffield S12 2AP
Size
4,580
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- Prominent Mixed Use Building For Sale
- Excellent Location Fronting Manfield Road
- Rare Opportunity to Acquire in an Established Parade
- Fully Let Investment - £56,100 Per Annum
- Potential Reversionary Rental Growth
- Offers Invited in the Region of £650,000
Description
The building is prominently positioned on Mansfield Road (A6135), a well-established arterial route linking Sheffield city centre with the south-eastern suburbs, including Intake, Frenchville, Woodhouse and Gleadless.
Mansfield Road benefits from strong levels of passing vehicular traffic throughout the day, providing good visibility and prominence. The surrounding area is predominantly residential with a mix of local retail, takeaway, convenience and service-based occupiers serving the immediate catchment.
The property is well served by public transport, with regular bus services operating along Mansfield Road and providing access to Sheffield city centre and the wider surrounding suburbs. Overall, the location is considered suitable for a range of local retail, leisure and service-based uses.
DESCRIPTION
The property comprises a mixed-use parade fronting Mansfield Road, with a mix of commercial accommodation and residential accommodation.
The ground floor commercial units are fully let and the flats are of good quality and provide self-contained residential accommodation.
To the rear, the property benefits from a courtyard area, which is used in connection with the commercial accommodation and provides access to the residential areas via external staircases.
ACCOMMODATION (Approx internal areas)
Number Sq Ft Sq M
Commercial
110 449 41.73
112 554 51.43
112b 361 33.54
114 582 54.04
Total Commercial 1,946 180.74
Residential
110a 574 53.36
110b 630 58.50
112a 678 63.02
114a 752 69.85
Total Residential 2,634 244.73
Overall Total 4,580 425.47
ENERGY PERFORMANCE CERTIFICATE
EPC’s available on request.
SALE
Offers in the region of £650,000 are invited for the Freehold. If applicable VAT will be payable at the prevailing rate.
TENANCIES
The commercial units total a rent of £26,700 per annum.
The residential flats are let at a total rent of £29,400 per annum.
Total contracted rent - £56,100 per annum.
Further information on the tenancies is available on request.
RATING
The commercial units are assessed as Shop and Premises -
110 RV: £4,500 110b RV: £7,400 112 RV: £6,500
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.
- Service charge
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- Business rates
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- Use class
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- Listed building
- 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
110-114 Mansfield Road, Sheffield S12 2AP
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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