Summary
INVESTMENT / REDEVELOPMENT OPPORTUNITY
The property occupies a prominent position at the junction of Rotherham Road (B6066) and Retford Road (B6200) in the Handsworth area of Sheffield. It also has a direct frontage to Orgreave Road. It is adjacent to Dore House Industrial Estate and close to existing housing.
There is good access to Sheffield Parkway via the B6066 (approximately 1.4 miles), to junction 33 of the M1 motorway (approximately 2.9 miles) and to Sheffield city centre (approximately 5.8 miles). The Advanced Manufacturing Park is approximately 0.5 miles and a large housing development at Waverley approximately 0.5 miles away.
In the adopted UDP and the draft Sheffield Plan, the site is mainly allocated for business/industrial purposes, with a part allocated as open space. Purchasers are advised to make their own enquiries to satisfy themselves that the property is suitable for their intended use.
Tenancy / Accommodation Schedule
Offices
Sq Ft | Tenant | Annual Rent | Lease | |
Ground | 2,250 | Part let to SYHA (below) | ||
First | 2,250 | Vacant | ||
Second | 2,250 | Vacant | ||
Third | 2,250 | Vacant | ||
Fourth | 2,250 | Hall Uk (Manufacturing)Ltd | £12,000 | From June 2014 - 6 year lease |
Sq Ft
Tenant
Annual Rent
Unit 1
8,071
Kitchen World
£19,200
Initial lease June 2012 (holding over)
Unit 2
2,525
SYHA
£47,500
April 2017 - 5 year lease (Plus yard & part of ground floor offices)
Unit 3
1,840
Concept Performance
£6,600
Initial lease July 2014 (holding over)
Unit 4
1,814
Vacant
Office Roof
Sq Ft | Tenant | Annual Rent | Lease | |
Roof | CTIL | £13,438.14 | December 2016 - 15 year lease with landlord break at end of year 5 | |
Roof | Arquiva | £13,438.14 | Same as CTIL lease |
Additional Information
Further information, including title information, copy leases/tenancies, EPCs, topographical survey, etc are available from the agents.
Office & Industrial Estate
Producing approximatley £112,176 per annum
Development potential / increase income
M1 less than 3 miles away
Site area 2.5 acres