69 Baslow Road, Sheffield S17 4DL
Size
1,471
Tenure
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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 Baslow Road
- Rare Opportunity to Acquire in an Established Parade
- Fully Let Investment - £19,900 Per Annum
- Potential Reversionary Rental Growth
- Ground Floor Retail + Upper Floor Flat
- Offers Invited in the Region of £240,000
Description
The premises are situated in the prosperous suburb of Totley, fronting the busy A621 Baslow Road some 6 miles south west of Sheffield City Centre.
This is a well-established shopping parade with a variety of retail units including a Well Pharmacy and Totley Brook Post Office, with ample free car parking to the front.
DESCRIPTION
The building is a brick-built, mid-terrace property arranged over three floors, fronting Baslow Road. The premises comprises a retail unit on the ground floor & lower 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. The upper flat is separately accessed from the rear with living room, kitchen and bathroom on the first floor and bedroom on the second floor.
There is a yard to the rear.
ACCOMMODATION (Approx internal areas)
Lower Ground Floor 368 sq ft 34.2 sq m
Ground Floor 430 sq ft 40 sq m
Upper floor Flat 668 sq ft 62.1 sq m
Total 1,471 sq ft 136.7 sq m
1st Floor - Living room, kitchen and bathroom.
2nd Floor - Bedroom
ENERGY PERFORMANCE CERTIFICATE
The retail unit has a rating of 68 (Band C). The upper floor flat has a rating of 57 (Band D)
SALE
Offers in the region of £240,000 are invited for the Freehold interest. VAT will NOT be payable.
TENANCIES
The Ground floor is let at a rent of £12,100 per annum on a 7 year lease from November 2021.There is a rent review in November 2026 to the higher of Market Rent or RPI linked.
The first floor flat is let for £7,800 per annum on an assured shorthold tenancy
Total contracted rent - £19,900 per annum.
RATING
The premises are assessed as follows:
Shop and Premises - Rateable Value £10,000.
The flats is 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.
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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.
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- BREEAM rating
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- Environmental description
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Brochure
69 Baslow Road, Sheffield S17 4DL
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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