Summary
HIGH PROFILE INVESTMENT PROPERTY
Located on Attercliffe Road approximately two miles East of Sheffield City Centre and within a short drive of Junction 34 of the M1 Motorway leading North and South.
The area provides a mixture of commercial uses including industrial offices and restaurants.
Comprising of a detached two-storey building with basement and one bedroom self-contained flat.
Ground and first floor providing good open plan accommodation with a passenger lift serving ground and first floor and a dumb waiter serving the basement, ground and first floor. The property has been extensively recently fitted out and is currently being utilised as a sheesha bar.
Sq M | Sq Ft | |
Basement | ||
Storage | 51.35 | 552.74 |
Ground Floor | ||
Bar Area | 177.17 | 1,907.10 |
Store rooms | 16.47 | 177.29 |
Female WCs | 8.77 | 94.40 |
Male WCs | 15.81 | 170.18 |
Disabled WCs | 3.4 | 36.60 |
First Floor | ||
Main area | 130.17 | 1401.20 |
WCs | 22.43 | 241.44 |
Flat | ||
Living Room/Kitchen | 17.23 | 185.47 |
Bedroom | 6.92 | 74.49 |
Bedroom | 3.56 | 38.32 |
Total Areas | 453.30 | 4879 |
We have been advised that the property is freehold.
Tenant: Adam Hussain
Guarantor: Amjad Mahmood
Use: As a sheesha, dessert bar and restaurant within A3 Use Class Order
Rent: £20,000 pa until 15th August 2020; then £22,000 pa until 14th August 2023; & then £25,000 pa until 14th August 2025.
Price
£300,000
Located in a busy main road location.
Within a short distance of Sheffield City Centre and Junction 34 of the M1 Motorway.
Current rental income of £20,000 per annum, with stepped increases rising to £25,000 per annum