Industrial to let in Parkway Drive, Sheffield S9

Description

The property comprises a detached pair of warehouses of steel portal frame construction with brick elevations to 8 ft and profiled metal sheeting above and to the roof covering which incorporates acrylic roof lights. There are integral two storey offices to the front elevations and the vehicle roller shutter access doors open to a clear eaves height of 6.0 m.

Externally a large surfaced yard and car park area provide ample parking to the front and rear.

May split units.

EPC

Unit 7a - C70
Unit 7b - D91

Location

The property is situated on the Parkway Wholesale Market approximately half a mile from the Sheffield Parkway via Parkway Drive.

This is an established and popular industrial estate on the east side of Sheffield. Junction 33 of the M1 Motorway is approximately 2 miles to the east via Sheffield Parkway.

According to the 2021 Census, Sheffield is the 4th largest city in the UK with a population of circa 584,000, of which over 60% are between the ages of 15 to 65. The Steel City has a metropolitan population of circa 1,550,000, which relates to the city, its surrounding suburbs and other nearby cities and towns: Rotherham, Doncaster, Chesterfield, and Barnsley.

Services

We understand that mains water, electricity and drainage supplies are available and connected to the property. These have not been tested and interested parties are advised to make their own investigations to the relevant utility service providers.

Town & country planning

We understand that the property has planning consent for B2, B8 and E(g) (iii) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make their own investigations to the Local Planning Authority.

Rates

Charging Authority: Sheffield City Council
Description: Warehouse and Premises
Rateable value: Unit 7A £32,750
Unit 7B £24,250
ubr: 0.546
Period: 2024-2025

Multiplying the Rateable Value figure with the ubr multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

Tenure

The property is available To Let by way of a new 3,6 or 9 year fully repairing and insuring lease.

Rent

£80,000 per annum exclusive (£40,000 per unit)

Service charge

A service charge may be levied to cover the upkeep, maintenance and repair of all common parts of the development.

VAT

VAT may be charged in addition to the rent at the prevailing rate.

Legal costs

Each party is to be responsible for their own legal costs incurred in documenting the transaction.