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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.
About the Agent
Eddisons; Sheffield
See Agent's Other PropertiesInvestment 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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