Summary
The property comprises a mid-terrace retail unit with three separate self-contained two bed flats above.
Key Points
Commercial and Residential InvestmentPrime Ecclesall Road LocationFully Income ProducingFixed Rental UpliftsViewings
Strictly by appointment with the sole agents
Tenancies
The ground floor retail unit is currently let on a 10 year lease from August 2025 at a commencing rent of £30,000pa, rising to £33,000pa in year two and rising again in year eight to £40,500pa.
The flats are let on 12 month AST’s as follows;
297a Ecclesall Road - 2 beds - £1,000 PCM
297b Ecclesall Road - 2 beds - £1,000 PCM
297c Ecclesall Road - 2 beds - £1,000 PCM
Business Rates/Council Tax
The premises have the following assessments:
297-299 Ecclesall Road - £33,000 RV
297a Ecclesall Road - CT Band A
297b Ecclesall Road - CT Band A
297c Ecclesall Road - CT Band A
Energy Performance Certificate (EPC)
297-299 Eccesall Road - C (60)
297a Ecclesall Road - E (44)
297b Ecclesall Road - E (46)
297c Ecclesall Road - C (77)
Costs
Each party is to be responsible for their own legal costs incurred in the transaction.
VAT
All prices, premiums and rents etc. are quoted exclusive of VAT at the prevailing rate.
Money Laundering
The Money Laundering Regulations require us to conduct checks upon all purchasers. Prospective purchasers will be required to provide identification documents.
Location
The property is prominently located on Ecclesall Road (A625). Ecclesall Road is regarded as one of Sheffield’s prime leisure pitches and is situated approximately 1 mile south-west of Sheffield city centre. Neighbouring occupiers include Kettle Black, Copa Caffe, Papa John’s, Oliver Bonas, M&S, Starbucks, Uncle Sams, The Nursery Tavern amongst many others. Opposite is Sheffield Hallam University’s Collegiate Crescent Campus.
Terms
Offers are being sort for the freehold interest. Further details can be obtained from the sole agents.