VACANT RETAIL UNIT & LET FLAT FREEHOLD OPPORTUNITY - SOLD

Key Points

• Located on Dykes Hall Road in the Hillsborough area of Sheffield
• Close to the main Hillsborough Shopping Centre
• Ground floor retail unit is vacant and self contained flat is let at £5,100 per annum.
• Of interest to investors or owner occupiers

Description

The subject property comprises a two storey brick built end terraced house which has been converted to provide first floor and part ground floor residential accommodation, and a retail unit to the ground floor.

Internally the residential flat includes a living room, bedroom and bathroom (WC/Shower) and to the ground floor is a kitchen. There is basement accommodation accessed via the residential part. The retail part of the property includes a front and rear section with WC facilities. The flat benefits from gas central heating. The shop is heated by means of electric mounted heaters.

To the rear is a shared yard with access via Leader Road.

Available area

The accommodation comprises the following areas:

Location

The property is located on Dykes Hall Road where it meets its junction with Leader Road, in the Hillsborough area of Sheffield.

The immediate area is mainly residential, although the property is located a short distance from Middlewood Road, which is the main retailing centre in Hillsborough.

The location is approximately just under 2 miles from Sheffield city centre. With good road, bus and tram access to the city centre.

Tenure

We are informed the property is held under the following Freehold title:
Freehold - Title number SYK464624

Planning

The ground floor retail part of the property is understood to have been used as a hair salon use for many years.

Under the changes to the Use Class Order effective from 1st September 2020, we understand that these premises now benefit from an E class planning consent. This allows the premises to be used for the former A1 (retail), A2 (financial and professional), A3 (restaurant), B1 (offices), and D1 (clinics, health centre and day nursery) uses, without the need for a change of use.

Interested parties are advised to satisfy themselves with Sheffield Planning Department that their use is acceptable under these new changes.

Lease / Tenancy Details

The ground floor retail will be offered with vacant possession.

The flat is let out on the basis of an Assured Shorthold Tenancy (AST) and holding over on a rent of £5,100 per annum.

Price

£135,000

VAT

We understand VAT is not payable on the purchase price.