Retail premises to let in 45 Chapel Walk, Sheffield S1

Description

The subject property comprises a retail premises with window frontage to Chapel Walk. The available accommodation includes lower ground, ground floor and first floor areas. The ground and first floor has been most recently used as a sales area, with the lower ground floor for storage purposes.

The property includes a mixture of flooring including carpets/tiles/laminate, strip lighting, decorated walls, suspended ceilings, arched windows, and shop window frontage.

There is staircase access to the respective floor levels. The property benefits from water and electric, and shared WC facilities (located within Victoria Hall Methodist).

Location

Chapel Walk links Fargate, which is a retailing pitch within Sheffield City Centre, with Norfolk Street almost opposite the famous Crucible Theatre. Chapel Walk also provides a link from Fargate to both bus and railway stations. Located within Chapel Walk are a range of retail and service businesses.

Rating Assessment

We are informed the property has a rateable value of £10,500. The property should qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

Planning

The property was most recently occupied as a charity shop. The property may be suitable for a variety of retail and service uses and we would encourage interested parties to verify that their intended uses are suitable with the local planning authority.

Lease Terms

The property is available on a new lease on terms to be agreed. The intention is for the lease to be outside the provisions of the landlord & tenant 1954 act.

Rent

£12,500 pa. We are informed VAT is not payable on the rent.