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Freehold

Offers over

£120,000

Property for sale

The Kiosk, Castle Square, City Centre, Sheffield S1

Offers over

£120,000

Property for sale
The Kiosk, Castle Square, City Centre, Sheffield S1

    Freehold

    About this property

    • City Centre Retail Kiosk - Investment

    • Income producing £13,000 per annum

    • New tenant 10-year lease from May 2025

    • Offers in excess of £120,000 long leasehold

    • Prime Location

    • 325 Sq. Ft unit

    Investment for sale - Offers in excess of £120,000 + VAT
    Annual rent received of £13,000 + VAT

    Long Leasehold - 125 Years from Dec 1993

    Sheffield City Centre

    Size - 325 Sq. Ft
    Offers in excess of - £120,000 Long Leasehold
    Rental income - £13,000 per annum
    VAT - Applicable

    EPC - tbc

    Fees - Each party to bear their own costs

    The property comprises a detached single storey retail lock up unit with store to the rear in a Prime City centre position.

    Accommodation

    The property is approximately 325 sq ft and is a single storey property with rear ancillary storage.

    Location

    Located in Castle Square in the Heart of Sheffield City Centre, opposite the tram stop, the unit benefits from a busy passing trade, an ideal retail position.

    Sheffield is a popular and highly accessible University town, with the M1 Motorway via the A57 just 9 miles to the East.

    Tenure

    The property is held on a 125 year lease from the 23rd December 1993 at a peppercorn rent with no reviews.

    Terms

    The long leasehold investment is available for offers in excess of £120,000 + VAT

    A new 10 year lease is in place from 8th May 2025 at £13,000 pax

    A copy of the lease is available upon request.

    More information

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