Retail premises for sale in 75 & 77 The Common, Ecclesfield, Sheffield S35

Key Points

Description

The freehold property comprises 2 highly visible single storey business units (1 large; 1 small). Externally the property is accessed from Nether Lane and provides ample customer and staff parking. Please see the plan which you can download from this listing. In terms of the 2 business units:
- 75 The Common is vacant and provides accommodation across the ground floor. It is currently split into a number of separate working environments with associated WC and kitchen facilities. It is decorated to a high standard throughout and benefits from comfort cooling. The building is accessed primarily via a glass customer entrance with staff and fire access points to the rear.
- 77 The Common is currently let. The lease expires on 13 December 2033 and the current passing rent is £12,500 pax. A copy of the lease is available to interested parties on request (which contains Rent Review provisions).

Location

Ecclesfield is popular suburb to the north of Sheffield. Close by are a number of commercial occupiers ranging from the likes of Aldi to dpd.
The building itself is situated on the corner of Nether Lane and The Common (A6135) one of the main thorough fares leading into Sheffield City Centre from the North.

Availability_Text

The accommodation comprises the following areas:

The Opportunity

We believe the property provides an excellent opportunity to acquire a part income producing investment in the form of 77 The Common and to either operate their own business or also let 75 The Common.
At expiry/renewal of the 77 The Common tenancy, there is opportunity to increase the rent receivable or take possession.

Terms

The freehold property is available to purchase for £475,000 (no VAT is payable) subject to the tenancy that is more particularly described in the "Description" section above. Please note that 75 and 77 The Common will not be sold separately.