Glossop Road Baths, 221 Glossop Road, Sheffield, S10 2GW

The property forms part of the historic Glossop Road Baths development which comprises luxury apartments and the refurbished Victorian Turkish Baths that date back from 1836 which currently trade as a luxury spa.

Location

The property is situated on Glossop Road at the corner of Victoria Street approximately 0.5 miles from Sheffield city centre. Glossop Road is a popular and busy destination particularly with students attracted by the many bars and restaurants, including; Vodka Revolution, KFC, The Cavendish, Nando’s and Molly Malone’s. The property is also located a short distance from The University of Sheffield main campus and its Student Union. Glossop Road also forms part of the city’s extensive Supertram network.

Accommodation

The property comprises a ground floor unit currently fully fitted as a Chinese restaurant and provides the following approximate gross internal floor areas

Terms

The property is held on a lease dated 8^th December 2008 for a term of 25 years from 1^st December 2008, expiring on 30^th November 2033. The lease includes an option for the tenant to take a further lease for a term of 25 years upon the expiry of the existing lease. The lease is drawn on effective Full Repairing and Insuring terms where the current rent is £60,000pa + VAT. The lease allows for the rent to be reviewed every 5 years to an open market rent on an upwards only basis with the next rent review due on 16^th February 2028.

Premium offers are being sort for the benefit of the current lease and the existing fixtures and fittings. Further details are available from the agents.