Comprising substantial stone-built properties under slate roofs –
70 Sheffield Road: GF - retail unit let on a lease to a local beautician trading as ‘Bu Medispa’ on a formal lease. 1st Floor comprises two 1-bed flats.
72 Sheffield Road: 3 bed terraced house over 3-storeys plus basement.
2A & 2B Calvert Street: two 1-bed semi-detached houses.
Externally there is shared courtyard to the rear which allows designated car parking and a single out-building which could be made into a garden / decking.
Location
Well located facing Sheffield Road, 1 mile to the west of the town of Hoyland and only ½ mile from J.36 of the M1 motorway.
Accommodation
Well-let retail/residential investment.
Terms
TENANCIES - There is a current gross rental receivable of £40,800 per annum. A full tenancy schedule can be provided upon request. All tenants pay business rates / council tax directly to the local authority and also pay for their own utilities.
Each residential letting is on an assured shorthold tenancy with the ground floor retail unit being held on a formal commercial lease. Copies of leases / tenancy agreements are available upon request.
PRICE - The premises are offered for sale on a freehold basis, with the benefit of the existing tenancies, with offers being sought in excess of £395,000.
LEGAL COSTS - Each party to bear their own legal & surveyor’s costs in the transaction.
EPC’S - Copies of Energy Performance Certificates can be provided upon application to the sole agents.
Specification
- Prominent, well-located premises just off J.36 M1
- Total rental receivable of £40,800 per annum
- Five residential units and single retail unit all fully let
- High yielding well-let investment property