Summary
Multi-let office building in the centre of Sheffield with potential to increase income or occupy
Location
The subject property is located in central Sheffield in close proximity to Sheffield Cathedral. It is within the heart of the traditional professional quarter of the city. Campo Lane is home to many small and medium scale professional practices. Due to the proximity to the center of the city public transport links are excellent with the Supertram (Cathedral Stop) within a few hundred meters.
Specifications
• Electricity (single phase)
• Gas
• Water
• Mains drainage
• Fire alarm
• Telephone
• Broadband
• Central heating
Terms
Passing rent of £33,200 pa with potential to increase income once offices are fully let. Offers in the region of £425,000 (Four Hundred & Twenty-Five Thousand).
Accomodation
| Floor | Sq M | Sq Ft |
| Lower Ground Floor | 129.69 | 1,396 |
| Ground Floor | 143.99 | 1,550 |
| First Floor | 168.61 | 1,815 |
| Second Floor | 83.42 | 898 |
| Total | 525.71 | 5,659 |
| Tenant | Rent | Lease Status |
| Poetry Business | £4,000 | 3 yrs from November 2017 |
| BW Healthcafe Surveyors Ltd | £1,500 | 1 year from 3rd July 2020 |
| Mr Saxby | £12,500 | 10 yr lease from 1st Sept 2019. |
| SMC | £8,000 | Holding over |
| Mrs Hill | £2,100 | Holding over |
| York Archaeology | £5,100 | Holding over |
| Total | £33,200 |
Offices on the ground floor are currently vacant and total 755 sq ft (70 sq m) as well as a first floor office.
Tenure
The property is held on a 200 year lease from 25th March 1915.
Title Number - SYK416785
Income Producing
Long Standing Tenants
Central Location
Rent - £32,300 pa with potential to increase income by letting vacant parts
OIRO - £425,000
Listed Features
- Broadband (ADSL)
- Multiple floors
- Office
- Heating
