Log In/Sign up
Your email has been sent.
Wharncliffe House 44 Bank St 2,458 sq ft 100% Let Office Property Sheffield S1 2DS £300,000 (£122.05/sq ft) 6.67% Net Initial Yield



Investment Highlights
- Located within Sheffield City centre
- Excellent visibility within a high footfall area
- Strong transport links
Executive Summary
Opportunity to acquire the long leasehold interest of this investment property within Sheffield City Centre. The property is currently configured to provide a reception and seating area with customer WC's on the ground floor. There is further seating and kitchen area to the lower ground floor plus further office/storage space to the basement with ground level access to the rear of the property. The property is let on 4 year lease till October 2026, producing £20,000.00 per annum in rental income. The property is located within Sheffield City Centre on Bank Street close to its junction with Snig Hill. The Long lease from January 2016 for 999 years at a nominal non- reviewable ground rent.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Office / Residential
Property Size
2,458 sq ft
Costar Property Class
B
Year Built
1904
Price
£300,000
Price per sq ft
£122.05
Yield
6.67%
NOI
£20,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
6
Typical Floor Size
410 sq ft
Floor To Floor Height
11 ft
Amenities
- Storage Space
1 1
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Wharncliffe House | 44 Bank St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
