464 to 466 Manchester Road, Stocksbridge, Sheffield, S36 2DU

  • Investments
  • 4,312 sq ft
  • For Sale
464 to 466 Manchester Road, Sheffield, Investments For Sale - WP_20200923_09_40_27_Pro.jpg
464 to 466 Manchester Road, Sheffield, Investments For Sale - WP_20200923_10_28_25_Pro.jpg
464 to 466 Manchester Road, Sheffield, Investments For Sale - WP_20200923_10_02_00_Pro.jpg
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464 to 466 Manchester Road, Sheffield, Investments For Sale - WP_20200923_09_41_12_Pro.jpg
Under offer
Property Type Investments
Availability For Sale
Size 4,312 sq ft
Price Freehold Asking Price £260,000
Energy Performance Rating This property has been graded as E (112)

First and Second Floor Multi Tenanted Property

Key Features

  • Current Total Annual Rental Received - £23,400
  • Vacant ground floor previously let at £12,000 per annum.

Location

The property is situated to the north side of the B6088 Manchester Road in the centre of the South Yorkshire town of Stocksbridge. The Fox Valley Retail Development is immediately to the north of the property.

The property comprises a ground, first and second floor multi tenanted investment property.  There is a dance studio and five office/storage occupiers on site with only the ground floor available to let at present.

The property is serviced by a 2 person lift and has disabled access from the private car park to the rear.

Accommodation

  sq m sq ft
Ground Floor    
Main Hall and Side Room 131.4 1,414
Office, Kitchen and Changing Rooms   50.9    548
First Floor    
Two Dance Halls 108.5 1,168
Office 1   20.0    215
Office 2   16.5    177
Second Floor    
Store 1   18.9    203
Store 2   17.8    192
Store 3   17.9    192

Services

We understand that all mains services are connected.

Tenancies

All tenants occupy under the terms of 12 month Licence Agreements with rent inclusive of service and maintenance charges as follows:-

Floor  Unit Rent Per Annum
Ground Available
First Dance Halls £12,000
  Office 1 £  2,400
  Office 2 £  2,160
Second  Store 1 £  2,400
  Store 2 £  2,400
  Store 3 £  2,040

Business Rates

Room 4 - £2,900 Rateable Value

VAT

We understand VAT is not payable in this instance.

File - VEN002/11437

Fernie Greaves Chartered Surveyors

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