Commercial property for sale in Middlewood Road, Hillsborough, Sheffield S6
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Property description
Key Points
Description
The property comprises an inner terrace lock up shop that we estimate dates from the late 19th century. The property is of traditional brick construction surmounted by a pitched slate roof. To the rear is a brick built, single storey flat roofed extension that we are informed was constructed in the 1970’s. The property has timber framed single glazed windows and shop front.
Internally the property has been used as a butcher’s shop for an extended period of time. To the front is a sales area with a rear kitchen and prep area set to the rear with large built in fridges and freezers. Stairs provide access to the first floor which comprises a front office with rear WC and store area. Externally the property has a rear fire exit.
Location
The property is located in the Hillsborough area of Sheffield, a popular suburb located approximately 2 miles north west of Sheffield city centre.
Hillsborough is typically made up of period terrace and semi-detached houses along with modern infill. The area is popular with owners and renters as it has good transport links via a number of bus services and the Sheffield Supertram.
The property is situated on the east side of Middlewood Road near its junction with Dykes Hall Road. It forms part of an established district retail centre with a number of local and national tenants. Nearby occupiers include B&M Bargains, Morfitt Smith estate agents, Rubys café and Sun Kiss beauty salon amongst others.
Rating Assessment
Based on information obtained from the Valuation Office Agency websites the demise is rated as follows:-
Address: 65, Middlewood Road, Sheffield, S6 4GW
Description: Shop and premises
Rateable Value: £7,000
The property may qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
Tenure
The property is offered for sale on a Freehold basis subject to the existing occupational lease.
Freehold Title Numbers – SYK636706 & SYK674641
Tenancy
Lease Dated: 12th March 2024
Tenant: Private individual
Term: 5 year lease from 1st March 2024
Rent:
Year 1: £5,876 pa
Year 2: £7,280 pa
Year 3: £9,360 pa
Year 4: £10,712 pa
Year 5: £11,440 pa
Further details are available by request.
Price
Offers in the region of £105,000. We understand VAT is not payable on the purchase price.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
SMC Chartered Surveyors, S1 on +44 114 446 9322 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SMC Chartered Surveyors, and do not constitute property particulars. Please contact SMC Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.