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2 Beton House, Park Hill, Rhodes Street, Sheffield, South Yorkshire, S2 5DT

£200,000

£119.40 per sq ft

Business rates & charges may apply

Commercial Property Partners LLP, Sheffield
SIZE AVAILABLE

1,675 sq ft

156 sq m

SECTOR

Commercial property for sale

Key features

  • Single let retail investment
  • Annual income of £21,060 per annum
  • Ideal for the Private Investor / SIPP
  • Europe's largest listed building

Description

Park Hill Investment Opportunity

Location

Perched high up overlooking Sheffield, Park Hill is visible from across City Centre. Accessible by every means of public transport, by foot and by pedal power, oh, and of course by car!

Situated immediately behind Sheffield Main Line Train Station and immediately off Park Square roundabout, accessibility could not be rivalled.

Description

Park Hill is a Brutalist, concrete icon, and the largest listed building in Europe.

Standing proudly at the top of hill overlooking Sheffield city centre Park Hill was a utopian vision, created in 1961 to create a new community for families. Its distinctive 'streets in the sky' - spaces outside each home that were wide enough for a milk float to do doorstep deliveries - were places in which families congregated and life thrived.

Fast forward to 2024, and Park Hill is that place once more, re-imagined, re-invigorated and regenerated.

The Sunday Times recently cited Park Hill as somewhere helping to make Sheffield the 'Capital of Cool'.

Terms

The property is currently let as a whole on a single occupation Tenancy to BLOC Enterprise Limited t/a Bloc Hair Studio, on a lease expiring 05/04/2033 incorporating a Tenant only break option on 05/04/2028, paying an annual rent of £21,060 pa

The property investment is available at a quoting purchase £200,000 reflecting a NIY of 10.29%.

Brochures

2 Beton House, Park Hill, Rhodes Street, Sheffield, South Yorkshire, S2 5DT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sheffield Tram Stop0.1 miles
  • Granville Road/The Sheffield College Tram Stop0.4 miles
  • Fitzalan Square/Ponds Forge Tram Stop0.4 miles

About Commercial Property Partners LLP, Sheffield

5th Floor 11 Leopold Street Sheffield S1 2GY

Commercial Property Partners LLP, Sheffield

Commercial Property Partners is a private firm of advisors who specialise in the disposal, acquisition and management of all types of commercial property. With offices in Sheffield, Nottingham and London, our team has a wealth of knowledge and experience covering all sectors Office, Industrial, Retail, Development and Investment.

The strength of the business is defined by the quality and experience of the team.

More properties from Commercial Property Partners LLP, Sheffield

Notes

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