Investment for sale Sheffield S3 8NB,13104sq ft

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Investment

Investment For Sale Sheffield

PROPERTY ID: 131555

PROPERTY TYPE

Investment

STATUS

Available

SIZE

13,104 sq.ft

Key Features

Gross rent when fully let - £177,170 per annum. Purchase price at £1,850,000 reflects a yield net of costs when fully let of 9.0%.

Attractive historical building. Planning consent for conversion of part of building into 1 retail and 4 apartments.

Close to West Bar and Castlegate regeneration.

Asset Management Opportunity.

Property Details

The building is located on Snig Hill in Sheffield City Centre adjacent to Snig Hill Police Station and at the junction of Snig Hill and Bridge Street. To the west of the property along West Bar is Sheffield Designated Family Court and the Sheffield Crown Court.

The Property Is A Five Storey Building Of Stone And Brick Construction Under A Pitched And Hipped Roof Built In 1902. The Building Provides Six Retail Units At The Ground Floor With 12 Studios/apartments Across Three Floors, Some Of Which Are Let On A Nightly Basis, Others Are Let Or Ast's. A Small Surface Car Park Is Located To The Rear Of The Property.

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About the Agent

Eddisons; Sheffield

See Agent's Other Properties

Investment Unit

£1,850,000 Freehold

16-18 Snig Hill, Sheffield, S3 8NB

Investment - Available
13,104 sq ft
1,217 sqm

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