Report a Fault 12 O’Clock Court, Attercliffe Road, Sheffield S4 7WW
26,340 Sq Ft
£250,000
- Type: Investment, Development
- Availability: Sold STC
Situation
The Ground Rents are secured on 12 O'Clock Court Sheffield S4 7WW which is located fronting Attercliffe Road opposite Tesco Metro, about 1 mile east of Sheffield City Centre.
Description
The entire site extends to about 1.78 acres and the 9 Ground Rents are secured on the office village development of 9 terraced buildings constructed of brick under pitched slate covered rooves and erected in the 1990's, extending to about 27,000 sf together with the use of 91 car spaces.
Plus an additional small development site (Subject to Planning) currently let to Bristol Street Motors as shown on the Promap.
Total Income
£12,902 pa
Rent Reviews
The Ground Rents are reviewable every 5 years to 1% of the Rack Rental Value of the building concerned.
Tenure Comments
Freehold.
Price
£250,000. Subject to Contract.
Equating to a Gross Initial Yield 5.16%.
Inspection
Faye Pattenden
Agency@fifieldglyn.com
01606 351351
The Ground Rents are secured on 12 O'Clock Court Sheffield S4 7WW which is located fronting Attercliffe Road opposite Tesco Metro, about 1 mile east of Sheffield City Centre.
Description
The entire site extends to about 1.78 acres and the 9 Ground Rents are secured on the office village development of 9 terraced buildings constructed of brick under pitched slate covered rooves and erected in the 1990's, extending to about 27,000 sf together with the use of 91 car spaces.
Plus an additional small development site (Subject to Planning) currently let to Bristol Street Motors as shown on the Promap.
Total Income
£12,902 pa
Rent Reviews
The Ground Rents are reviewable every 5 years to 1% of the Rack Rental Value of the building concerned.
Tenure Comments
Freehold.
Price
£250,000. Subject to Contract.
Equating to a Gross Initial Yield 5.16%.
Inspection
Faye Pattenden
Agency@fifieldglyn.com
01606 351351
