Retail Premises over Ground, First and Lower Ground Floors located on Middlewood Road, Sheffield - LET

Key Points

• Retail accommodation across ground, first and lower ground floors
• Busy retailing location on Middlewood Road in the Hillsborough area of Sheffield
• Most recently used as a sandwich shop, suitable for a variety of retail uses (STP)
• Available on a new lease
• Small business rate relief should be available for an ingoing tenant

Description

The property comprises a mid-terrace building constructed in the early 20th century. The internal accommodation includes a ground floor sales area with rear kitchen / preparation area. To the first floor is ancillary storage and WC facilities. To the lower ground there is further storage.

To the main shop area the specification includes vinyl floor, suspended ceiling, shop window frontage, and extractor hood.

The lower ground and first floor levels are accessed via a rear metal staircase. There is a rear yard area which is only accessible by pedestrian access.

Location

The property is located fronting Middlewood Road, in the Hillsborough area of Sheffield. Middlewood Road is located approximately 2 miles from Sheffield city centre. The location is a busy retailing location with a variety of national and local occupiers, including Holland & Barrett, B&M, British Heart Foundation, Clegg Gifford, etc. The location benefits from excellent public transport via tram and bus routes.

Rating Assessment

Based on information obtained from the Valuation Office Agency websites the demise is rated as follows:-

Address: 56, Middlewood Road, Sheffield, S6 4HA
Description: Shop and premises
Rateable Value: £6,200 (£7,100 from April 2023)

New tenants should qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

Lease Terms

The property is available on a new lease on terms to be agreed.

The client may consider a sale and therefore interest for the long leasehold interest. Please enquire for further information.

Rent Deposit

The landlord will seek a rent deposit to be held over the terms of the lease.

Rent

£11,250 pa. Rent to be quarterly.

Viewing Arrangements

For further information or viewings, please contact the sole agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcommercial.co.uk