582-584 Manchester Road, Stocksbridge, Sheffield, South Yorkshire, S36 1DY
INVESTMENT
For Sale - £225,000 Guide Price
Fully let investment providing £26,280 per annum
Excellent Location in Stocksbridge Town Centre
Retail Property let until 2027
Asset Management Opportunity
Description
The property comprises of a three storey building with two self-contained retail shops on the ground floor and three self-contained flats situated on the lower ground and upper floors. The building is constructed with coursed stonework walls surmounted by a pitched slated roof. All doors, windows and shop fronts are UPVC double glazed installations.
Accommodation
| Description | Sq Ft | Sq M |
|---|---|---|
| GF 582 Manchester Road (Hair Salon) | 270 | 25.08 |
| FF Flat 1 (Comprising Lounge, Kitchen, Bathroom and One Bedroom) | 396 | 36.79 |
| FF Flat 2 (Comprising Kitchen, Bathroom, Lounge, Living Room and One Bedroom) | 558 | 51.84 |
| LGF Flat 3 (Comprising Kitchen, Living Room, One Bedroom and Bathroom) | 533 | 49.52 |
| FF 584 Manchester Road (Barbers) | 268 | 24.9 |
| Total | 2,025.00 | 188.13 |
Terms
Freehold subject to the following tenancies:
Retail Shop 582/584 Manchester Road - Effectively FRI lease expiring on 26th October 2027 at £12,000 per annum
Flat 1 - Assured Shorthold Tenancy at £5,400 per annum
Flat 2 - Assured Shorthold Tenancy at £4,380 per annum
Flat 3 - Assured Shorthold Tenancy at £4,500 per annum
Total Income - £26,280 per annum
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