16-18 & 20 Dixon Lane, Sheffield, S1 2AL
Size
5,765
Tenure
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EPC
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Parking
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- Primary use
- Commercial development
No floor / site plan
Key features
- Retail Investment/Redevelopment Opportunity For Sale
- Established Retail Location in Sheffield City Centre
- Four Units Totalling 5,765 sq ft
- Offers in the Region of £400,000
- Reversionary Asset
- Part Let - Current Total Income £13,000 p.a
Description
The premises are situated in Sheffield City Centre on
Dixon Lane, close to Arundel Gate, Fitzalan Square and
Haymarket. The units are in a retail parade, occupiers
close by include Easy Hotel, Subway, Heron Foods and
KFC.
The units are easily accessible via the Supertram at
Castle Square, and there are numerous bus stops in the
vicinity.
DESCRIPTION
The premises comprise a parade of four adjacent retail
units fronting Dixon Lane. Each unit consists of ground
floor sales/retail space with first and second floors of
ancillary space. The units benefit from generous
basements.
The properties site within the Castlegate Masterplan
with there being significant development and investment
in the vicinity.
TENANCIES
Units 16a, 18 and 20 are let on statutory continuation
tenancies at £4,500 per annum each, totalling £13,000
per annum. Unit 16 is currently vacant.
PLANNING
The site is located within area allocated as Central
Shopping Area in the Sheffield Unitary Development
Plan.
In the more recent Core Strategy the area falls within
Castlegate - "an area for a mix of uses including offices,
housing, hotels and leisure, linking the Heart of the City
with Victoria Quays"
Purchasers are advised to make their own planning
enquiries and take professional advice.
RATING
The 2023 rating assessments are: -
16 Dixon Lane RV £3,350
16a Dixon Lane RV £3,800
18-20 Dixon Lane RV £6,400
PRICE
Offers in the region of £400,000 are invited for the
Freehold interests subject to the current tenancies. We
understand that VAT will be payable.
TITLE INFORMATION
The properties are held Freehold under Title Numbers
SYK352429 & SYK380553.
ENERGY PERFORMANCE CERTIFICATE
A full EPC will be provided.
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.
LEGAL COSTS
Each party are to be responsible for the payment of their
own legal fees in connection with this transaction.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
16-18 & 20 Dixon Lane, Sheffield, S1 2AL
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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