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Hickmott Road, Sharrow Vale, Sheffield £225,000
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An excellent investment property, in this very busy and popular location, in a parade of shops between Sharrowvale Road and Ecclesall Road comprising a GROUND FLOOR LOCK UP RETAIL UNIT and to the rear, a THREE BEDROOM TERRACE INVESTMENT PROPERTY let on a long term regulated tenancy.
The location has a very popular hub of independent shops with occupiers including delis, arts and crafts, greengrocers, bakeries, hairdressers, beauticians, pubs, cafes, restaurants etc.
LOCK UP SHOP - Currently Let on a 3 year lease at £125 per week - lease ending August 2025. Shop Unit comprising Front Room to the property. To the rear a WC.
TERRACE PROPERTY - Set over three floors and with access to the rear. Let at £520 per calendar month on a regulated tenancy. Offshot kitchen recently fitted out with good range of base and wall units and with Ideal Logic central heating boiler. Sitting/Dining Room with original floor to ceiling cupboards. Basement cellar. First Floor: Double bedroom one, single bedroom two and shower room with full suite. Second Floor: double bedroom with rear facing dormer window. Outside: rear courtyard area and garden shed.
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- Investment Property For Sale
- Lock Up Shop Unit and Three Bedroom Rear Terrace Property
- Shop Unit Let at £6,500 per annum
- Terrace Property let at £6,240 per annum on Regulated Tenancy
- Current Total Income £12,740 per annum
- Potential for uplift in rent
- Property has had a new roof in recent years
- Popular location in a parade of shops on a road between Sharrowvale Road and Ecclesall Road
- Vibrant busy location of independent shops, cafes, beauticians, restaurants etc
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Sheffield S11 8QF