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232 Holme Lane, Sheffield, S6 4JZ

£95,000

£124.51 per sq ft

Business rates & charges may apply

Crosthwaite Commercial Limited, Sheffield
SIZE AVAILABLE

763 sq ft

71 sq m

SECTOR

Out-of-town retail property for sale

Key features

  • Fully Let Investment For Sale
  • Excellent Location Fronting Holme Lane
  • Reversionary Asset - Long Term Tenants
  • Total Income of £7,200 pa
  • For Sale - Ideal For Investors/SIPP
  • Totalling 763 sq ft (70.9 sq m)
  • Offers Invited in the Region of £95,000

Description

LOCATION
The property is located on Holme Lane, in the Sheffield
suburb of Hillsborough.
Hillsborough is an extremely popular suburban retail
centre with a main high street (Middlewood Road) and
Hillsborough Precinct Shopping Centre which is in the
close vicinity to the subject property.
The area has become more popular with cafes, small
bars and restaurants in recent years.

DESCRIPTION
The building consists of a brick built, mid terraced,
property beneath a slate pitched roof. The ground floor
is used as a takeaway and comprises a kitchen to the
rear and serving area to the front. The first floor
consists of two rooms, used as office/workshop
accommodation.
Externally there is a WC in the back yard which is
demised to the first-floor tenant.

ACCOMMODATION (Approx internal areas)
Cellar 117 sq ft 10.9 sq m
Ground Floor 366 sq ft 34.0 sq m
First Floor 280 sq ft 26.0 sq m
Total Floor Area 763 sq ft 70.9 sq m

ENERGY PERFORMANCE CERTIFICATE
Copies of the EPCs are available upon request.

RATING
The premises are assessed as follows:
Shop and Premises - Rateable Value £9,700.
Workshop and Premises - Rateable Value £1,075
Both units should qualify for 100% rates relief.

SALE
Offers in the region of £95,000 are invited for the
Freehold interest, with the benefit of the rental income
from both the ground and first floor. If applicable VAT
will be charged on the purchase price.

RESIDENTIAL TENANCY
The Ground floor is let to a private individual at a rent
of £5,580 per annum for 10 years expiring in
November 2031. There is a rent review scheduled in
November 2026.
The first floor is let to a private individual on a verbal
agreement at a rent of £1,620 per annum. We
understand that they have been a long-standing
tenant.

MONEY LAUNDERING
In order to comply with Money Laundering
Regulations, purchasers will be required to provide
identification documentation together with confirmation
of the source of funding. Further details on request.

LEGAL COSTS
Each party are to be responsible for the payment of
their own legal fees in connection with this transaction.

Brochures

232 Holme Lane, Sheffield, S6 4JZ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Malin Bridge Tram Stop0.1 miles
  • Hillsborough Park Tram Stop0.4 miles
  • Hillsborough Tram Stop0.4 miles

About Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

Crosthwaite Commercial Limited, Sheffield

Crosthwaite Commercial is an independant Sheffield based commercial property consultancy specialising in all aspects of retail, leisure, office and industrial agency as well as providing rent review/lease renewal, development and investment advice.

Martin Crosthwaite FRICS is a Chartered Surveyor with over 38 years experience, having spent the last 32 years living and working in Sheffield for two well known practices, Lane Walker, and J Trevor & Sons.

Clients range from multi-nati

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Notes

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Disclaimer - Property reference holmelane. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Crosthwaite Commercial Limited, Sheffield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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