Sheffield City Centre Retail Unit - LET

Key Points

• Sheffield city centre retail location
• Suitable for a variety of retail / cafe uses
• High pedestrian footfall with excellent tram and bus routes
• Located in the rapidly improving Castlegate area adjacent to Kommune and close to Premier Inn
• Small business rates relief should apply for ingoing tenant

Description

The property comprises a ground floor retail lock up shop with basement and was recently used a cafe / food business. The property should be suitable for a variety of retail / food uses.

Available area

The accommodation comprises of the following

Location

The subject property fronts Castle Street, a busy retail pitch in the Castlegate area of Sheffield City Centre. Castlegate is an area of the city centre that is undergoing significant regeneration. The immediate area benefits from excellent transport links with tram and bus routes a short distance away.

Castle Street comprises a variety of shops, with occupiers in the vicinity including B&M, KFC, Poundland, Premier Inn, Kommune, etc

Business Rates

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

Address: 13, Castle Street, Sheffield, S3 8LT
Description: Cafe and premises
Rateable Value: £3,150

The property may 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.

Rent

£7,500 per annum. We are informed VAT is not payable on the rent.

Rent Deposit

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

Identity Checks

In order to comply with Anti-Money Laundering Legislation, the successful tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful tenant.