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408-408A Sharrow Vale Rd 342 sq ft Retail Property Sheffield S11 8ZP £255,000 (£745.61/sq ft) 6.78% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Fully let shop / flat investment
- Current total income of £17,300 pa
- Popular location on Sharrow Vale area of Sheffield
- Vibrant busy location of independent shops and businesses; deli's, organic greengrocer, bakers, patisseries, cafes , restaurants, etc
EXECUTIVE SUMMARY
The property comprises a traditional mid terrace property, with a ground floor retail unit and separate upper floor flat. To the ground floor, is a rectangular sales area with a shop frontage to Sharrow Vale Road. There is a rear yard area with external WC facilities.
The one bed is accessed via a rear external staircase which provides access to the first floor. At first floor level there is a kitchen / diner, bathroom (WC, wash basin, bath and shower), and front lounge. To the attic is a bedroom.
The one bed is accessed via a rear external staircase which provides access to the first floor. At first floor level there is a kitchen / diner, bathroom (WC, wash basin, bath and shower), and front lounge. To the attic is a bedroom.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
342 sq ft
Costar Property Class
C
Year Built
1950
Price
£255,000
Price per sq ft
£745.61
Yield
6.78%
NOI
£17,300
Tenancy
Single
Number of Floors
2
Plot ratio
0.23
Total Plot Size
0.03 ac
Parking
1 Spaces (2.92 Spaces per 1,000 sq ft Leased)
Frontage
15 ft on Sharrow Vale Road
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NEARBY MAJOR RETAILERS
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408-408A Sharrow Vale Rd
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