Lot
018
Auction Ends: 06/11/2024 10:51 - Bidding opens Tuesday 5th November 10:00 AM

341 & 341A Glossop Road, Sheffield, South Yorkshire, S10 2HP

Property Details
Location
Description
EXCELLENT MIXED COMMERCIAL & RESIDENTIAL INVESTMENT, BUSINESS UNAFFECTED - £25,760pa. An excellent income producing opportunity by way of a substantial three storey, extended inner terrace with rear car parking, located in the heart of Sheffield's busy University and Teaching Hospital District. The ground and lower ground floor areas are let to Subway until 30th August 2028 at £12,500pa whilst the residential accommodation above is let to three students at £13,260until 13th June 2025. The accommodation has been comprehensibly refurbished to a high standard as well as being professionally managed and presents an rare investment opportunity in the heart of this thriving area.
Location
The property occupies a prime trading position in the heart of this exceptionally busy district located between Sheffield's teaching hospitals and University campus. The city centre is less than a mile away and there are excellent transport links including the University tram stops on Hanover Way and West Street.
Accommodation

COMMERCIAL - 341 Glossop Road 
Ground Floor
Front Sales, Preparation and Cold Stores59.01 sqm
Lower Ground Floor 
Storage, Preparation & WC 10.61 sqm
Basement storage 16.56 sqm
Front Cellar (restricted height)12.12 sqm
TOTAL COMMERCIAL 98.30 sqm
RESIDNETIAL - 341A Glossop Road
First Floor 
Kitchen, Lounge, Bathroom/WC & 2 Bedrooms

Second Floor
Bedroom 3

Outside
The property benefits from a single car parking space to the rear
Planning
Interested parties should consult directly with the Local Planning Authority: Sheffield City Council, Howden House, 1 Union Street, Sheffield, S1 2SH. Telephone: 0114 203 9183.
Tenancy

341
Glossop Road – Currently let to Subway Realty Ltd at £12,500pa until
30/08/2028. Rent is paid centrally by Subway not by the franchisee.



 



341a
Glossop Road – Let to a group of 3 students at £13,260pa excluding utilities
until 13/06/2025. 



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 5TH NOVEMBER AND CLOSES ON WEDNESDAY 6TH NOVEMBER.

3. Energy Performance Certificate = 341 B. 341a C.

4. 6 Week completion timeframe.

Our Nearest Office

Sheffield 600x300

Sheffield

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