Lot
032
Auction Ends: 24/04/2024 11:45 - Bidding opens Tuesday 23rd April 10:00 AM

271 & 271a Ecclesall Road, Sheffield, South Yorkshire, S11 8NX

Property Details
Location
Description
A substantial Freehold inner terrace investment property located opposite Marks & Spencer in this highly regarded area of Sheffield, comprising a Sports Bar with spacious 4 bedroom residential accommodation to the remainder of the ground, first and second floors. The ground floor is let by way of a 5 year lease from the 1st March 2024 at £15,000pa whilst the residential has been let at £17,680pa from the 1st July 2024 until 30th June 2025, giving an overall annual income of £32,680.
Location
The A625 Ecclesall Road is one of the main arterial routes from the south west into Sheffield and for many years has remained one of the city's most popular locations for businesses in the leisure sector, serving a number of sought after residential areas including Hunters Bar and Greystones, as well as catering for a large student population connected to both of the city's universities. The property occupies a prominent position close to Mark & Spencer and Collegiate Crescent.
Accommodation

COMMERCIAL

Ground FloorBar and seating, WCs and Rear Room 55.93 sqm 
BasementBeer Cellar  & Storage 40.78 sqm 
Residential

Ground FloorRear Entrance Lobby & Utility Room
First FloorLiving Room, 2 Bedrooms, Bathroom/WC & Separate WC
Second Floor 2 Bedrooms 
Outside
Gated access to the rear entrance with yard area beyond
Approx Site Area
Approximatley 133 Sq M (159 Sq Yds).
Tenancy



Property Lease terms Annual Rental 
Ground Floor Commercial1st March 2024 until the 28th February 2029
£15,000
First & Second Floor Residential 1st July 2024 until the 30th June 2025
£17,680
TOTAL 
£32,680

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD APRIL AND CLOSES ON WEDNESDAY 24TH APRIL.

3. Energy Performance Certificate = D.

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Sheffield 600x300

Sheffield

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