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214 Crookes 1,205 sq ft 100% Let Retail Property Sheffield S10 1TG £350,000 (£290.46/sq ft) 7.54% Net Initial Yield
INVESTMENT HIGHLIGHTS
- The property comprises a stone built end of terrace residential/retail building with a coffee shop at ground floor known as 214 Crookes
- The flat is accessed from Toyne Street via a staircase with living room leading to first and second floor bedrooms.
- a four bedroom flat at first and second floors known as 2 Toyne Street.
EXECUTIVE SUMMARY
The ground floor unit is let to Martin Silva Nava t/a Dana Cafe at £12,000 per annum for a term of 10 years from 1 February 2023 with a tenant break at 1 February 2028.A new Assured Shorthold Tenancy for 2 Toyne Street has been signed between Dawson Bros (Properties) Ltd and Mr G Bland,
Miss C Thorrmen and Miss E Farrugia at £1,200 per calendar month from 2 August 2025 for 1 year. The total rental passing will be £26,400 per annum from 1 August
2025.
Miss C Thorrmen and Miss E Farrugia at £1,200 per calendar month from 2 August 2025 for 1 year. The total rental passing will be £26,400 per annum from 1 August
2025.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,205 sq ft
Costar Property Class
B
Year Built
1990
Price
£350,000
Price per sq ft
£290.46
Yield
7.54%
NOI
£26,400
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.03
Total Plot Size
1.00 ac
Frontage
19 ft on Crookes
AMENITIES
- Bus Route
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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214 Crookes
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