**FOR SALE**
£254,000 Guide Price
Mixed-Use Freehold Investment Opportunity
Established Commercial Business & Spacious Duplex Apartment
An excellent opportunity to acquire a mixed-use freehold property comprising an established ground-floor commercial premises and a spacious two-storey duplex apartment, offering an attractive combination of commercial investment and residential rental potential.
The commercial premises are occupied by an established men’s grooming business that has been trading from the property since 2021. The accompanying duplex apartment is offered with vacant possession, providing an incoming purchaser with the flexibility to arrange occupation or reletting according to their investment strategy.
The property achieved a gross annual income of £19,080 up to the end of August 2026, representing an indicative gross yield of approximately 7.5% at the guide price of £254,000.
The decision to keep the residential apartment vacant is intended to make the property more attractive to prospective purchasers, allowing an incoming owner to decide how best to utilise the residential accommodation.
The Commercial Premises
Extending to approximately 667 sq ft, the ground-floor commercial unit is occupied by an established men’s grooming business that has traded from the premises since 2021.
The property benefits from a Full Repairing and Insuring (FRI) lease, which commenced on 1 September 2025 and is due to expire on 31 July 2031, with a break option on 1 September 2027.
The lease provides for rent reviews every two years linked to the Retail Prices Index (RPI), with the next review scheduled for September 2027, subject to the terms of the lease.
The premises have previously accommodated a variety of commercial uses, including a bakery, record shop and bookshop with café, demonstrating the versatility of the commercial space.
Additional features include:
* Three-phase electricity supply
* Electric heating
* Commercial EPC rating: B
The property occupies a position on the popular Abbeydale Road, an established commercial thoroughfare featuring a variety of independent businesses, cafés, restaurants and local amenities, including well-known destinations such as Amici & Bici and Bragazzi’s.
The Residential Duplex Apartment
The property also incorporates a spacious duplex apartment extending to approximately 753 sq ft, arranged over two floors and providing a separate residential element to the investment.
The apartment has recently undergone redecoration, including fresh painting, new carpets and vinyl floor coverings in the bathroom and kitchen, presenting the accommodation in an improved condition for an incoming purchaser.
The property also benefits from a new boiler installed in December 2025 and an EPC rating of C.
The previous tenant occupied the apartment for approximately four years before vacating. The flat is now offered with vacant possession, allowing the purchaser flexibility over future occupation or letting arrangements.
Investment Summary
* Guide price: £254,000
* Mixed-use freehold investment
* Recently achieved gross yield of approximately 7.5% up to the end of August 2026
* Established commercial business in occupation
* Residential duplex offered with vacant possession
* Potential for future rental growth, subject to market conditions and lease provisions
At the guide price of £254,000, the above figures represent an indicative gross yield of approximately 7.5%, assuming the apartment is re-let at £700 per calendar month and the commercial income remains unchanged.
The property offers an appealing opportunity for investors seeking an established commercial income stream alongside a separate residential element, with the potential to enhance returns through future rental and lease opportunities.
Please note that the stated yield is indicative, based on the recently achieved income and the guide price. It is a gross figure and does not account for void periods, maintenance, management fees, insurance costs, taxes or other ownership expenses.
Key Features
* Mixed-use freehold investment
* £254,000 guide price
* Potential gross annual income of £19,080, based on the stated rental figures
* Indicative gross yield of approximately 7.5% at the guide price
* Established commercial tenant trading since 2021
* Approximately 667 sq ft of commercial accommodation
* FRI commercial lease
* Lease expiry: 31 July 2031
* Break option: 1 September 2027
* RPI-linked rent reviews, subject to lease terms
* Spacious duplex apartment of approximately 753 sq ft
* Residential accommodation offered with vacant possession
* Recently redecorated apartment with new carpets and vinyl flooring
* New boiler installed in December 2025
* Commercial EPC rating B
* Residential EPC rating C
* Three-phase electricity supply to commercial premises
* Potential for future rental growth
Legal Costs
Each party is responsible for their own legal costs.
Viewing & Further Information
This property represents an appealing opportunity to acquire a mixed-use freehold asset combining an established commercial business with a spacious residential duplex apartment.
With an established commercial occupier, recently redecorated residential accommodation and potential for future income growth, the property offers a combination of investment income and longer-term flexibility.
Please contact us if you have any questions or would like to arrange a viewing.
Opening hours: Monday to Friday, 10:00 am – 6:00 pm.
Hallamhills Ltd
St Marys House
9–11 London Road
Sheffield
S2 4LA
Important Information
Hallamhills is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate
Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.
