405 Ecclesall Road, Sheffield, S11 8PG

LOCATION
The premises are situated in a prime location fronting
Ecclesall Road, Sheffield's premier suburban district
centre. Occupiers in the immediate vicinity include
Starbucks, KFC and Beres Pork Shop. Nearby is
Sheffield Hallam University's Collegiate Crescent
Campus which creates a substantial pedestrian flow.

DESCRIPTION
The building consists of a brick built, mid terraced,
property beneath a slate pitched roof. The ground floor
is used as a charity shop and comprises sales area to
the front with storeroom, kitchen and WC to the rear.
The first and second floor comprises a 2 bedroomed
apartment, accessed via an external staircase to the
rear.
Externally there is a small yard to the rear of the
property.

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

RATING
The premises are assessed as follows:
Shop and Premises - Rateable Value £23,250.
The flat is in council tax Band A.

SALE
Offers in the region of £350,000 are invited for the
Freehold interest, with which would reflect a net initial
yield of approx. 8.5%.
If applicable VAT will be charged on the purchase
price.

TENANCIES
The Ground floor is let to The Sheffield Cats Shelter at
a rent of £22,500 per annum for 10 years expiring in
August 2029. There is a break option that hasn't been
exercised and a rent review scheduled in the 5th year.
The flat is let to private individuals on a 12 month
tenancy at a rent of £7,800 per annum.

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.