City Lodgings Building 18-28 Snig Hl 5,258 SF 100% Leased Retail Building Sheffield S3 8NB £1,850,000 (£351.84/SF)
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Planning consent for conversion of part of building into 1 retail and 4 apartments
- Great transport links
- Close to West Bar and Castlegate regeneration
EXECUTIVE SUMMARY
The property is a five storey building of stone and brick construction under a pitched and hipped roof built in 1902. The building provides six retail units at the ground floor with 12 studios/apartments across three floors, some of which are let on a nightly basis, others are let or AST's. A small surface car park is located to the rear of the property.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,258 SF
Building Class
C
Year Built
1940
Price
£1,850,000
Price Per SF
£351.84
Percent Leased
100%
Tenancy
Multiple
Number of Floors
5
Slab to Slab
9 ft
Building FAR
0.60
Lot Size
0.20 AC
Frontage
98 ft on Snig Hill
AMENITIES
- Bus Route
- Security System
1 of 1
NEARBY MAJOR RETAILERS
CONTACT
-
Adrian Lunn -
Eddisons
