Property Information
Address:
26/26a Hickmott Road Sheffield, S11 8QF
, S11 8QF
Price: Property no longer available.
Size: 1060 sq ft98 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH606583
Property Ref/Agent: https:www.smcommercial.co.ukfind-a-propertyproperties66-26-26a-hickmott-road-sheffield
*Please use the agent ref when calling the agent directly.
Property description
Investment
Availability
For Sale
Size
1,060 sq ft
Price
offers in the region of £300,000
Business Rates
(based upon Rateable Value: £10,000 and UBR: 48.4p)
Energy Performance Rating
This property has been graded as 54 (C)
Restaurant
/ Flat Investment
Location
The subject property is located on Hickmott Road about 1 mile south west of Sheffield City Centre and located between Ecclesall Road and Sharrow Vale Road in a vibrant residential and student area, with a wide range of retail, food and drink uses nearby. It is adjacent to Porter Brook.
Key Points
Close to the junction with Ecclesall Road.
In a vibrant commercial and residential location.
Fully let - Gross Income of £20,350 pa.
Description
At ground floor level the property comprises a sales area with a rear yard and parking space. At first and second floor level there is a self-contained modern one bed flat with living room, kitchen, bathroom and second floor bedroom.
The ground floor is to be re-fitted by the new ingoing tenant as a cafe/deli/restaurant outlet.
Accommodation
Sq m
Sq ft
Ground Floor
Sales Area
44.40
478
Kitchen
4.50
48
WC
Flat
Sq m
Sq ft
Living room
19.09
206
Kitchen
9.60
103
Bathroom
Second floor bedroom
20.90
225
Tenure
The property is long leasehold - 800 years from 1954 with a £5 per year ground rent.
Tenancy
The ground floor is to be let to individuals, trading as Oliver's, on the basis of a five year lease from 1st July 2018, on an effectively full repairing and insuring basis. The passing rent is £13,750 per annum. The flat is let on an assured shorthold tenancy at a rental of £550 per calendar month.
The total gross income is £20,300 per annum.
Price
Offers in the region of £300,000.
;