Flat for sale in Boutique Hotel, Palatine Gardens, Roscoe Road S3

Unit 1-3 Palatine Garden, Roscoe Road, Sheffield, S3 7Dz

Yieldit are pleased to offer to the market this unique, commercial investment opportunity that generates over a 7.9% net return.

The property offers a wealth of space and finished to high modern standard with a Scandinavian finish throughout and high spec fixtures and fittings. A unique investment opportunity, the space is rented by a fully operational boutique hotel and dining experience by one of Sheffield’s highly regarded restaurant experiences. The operators have signed a 5 year lease on the commercial space on offer, which is fully fitted out and which is available for sale.

The four hotel bedrooms are well proportioned each containing an en suite bathroom, one with an accessible wet room. The reception area is a large kitchen/dining area, which has been designed to showcase joro’s exclusive chef’s table experience. Occupied by joro, guests can choose to stay at the development and visit the main joro restaurant located at Krynkl building in the nearby and trendy Kellam Island or book the chefs table experience here where 8 guests can be hosted by a chef and wind down to stay overnight in one of the four bedrooms.

Sheffield's economy is growing at a rapid rate, and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield.

The tenat pays service charge and ground rent.

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