Studio Bed Commercial Meadow Head Sheffield S8 7AA - Hallam Hills Ltd

Meadow Head,

Sheffield | S8 7AA

Commercial New instruction

£695,000

Description

Offers are invited in the region of £695,000


Key features

* BLUE CHIP TENANTED FREEHOLD SEMI-COMMERCIAL INVESTMENT PROPERTY

* GROUND FLOOR SHOP LET OUT TO PAPA JOHNS (UK) LTD ON A FR&I LEASE UNTIL 2034.

* 5 HIGH SPEC APARTMENTS ABOVE ACCESSED SEPARATELY. 3X 1 BED APTS, 2X STUDIOS. EPC RATING C.

* SHARED ROOF TERRACE GARDEN

* POTENTIAL COMBINED RENTAL INCOME £45,000PA

* EXCELLENT INVESTMENT OPPORTUNITY

This very prominent property is located on one of Sheffield's busiest arterial roads and comprises a double fronted A5 takeaway restaurant currently let to Papa Johns GB Ltd.

On the first and second floors are five self-contained apartments (3x 1 beds, 2x Studios) with a shared rooftop garden terrace.

The long FR&I lease to Papa Johns is for a term of 15 years from 26 November 2019 (TBO 10th year). The passing rent is £15,000 per annum and there are five yearly rent reviews to market rent. Papa Johns has an excellent covenant and has continued to trade very successfully throughout the Covid-19 health crisis.

The total estimated annual rent receivable for this property is £45,000 per annum.

Location

Ideally placed a short distance from many shops, bars, amenities and supermarkets, including; the new St James Retail Park, as well as the refurbished Graves Sports Centre, medical practice and pharmacy. Well placed for bus services and excellent transport links (e.g. M1 motorway and train station) to surrounding areas including Sheffield city centre and the Peak District. Examples of other retailers in the neighbourhood includes KFC, Costa, Domino's, Asda, Morrisons, TSB bank etc. Good Ofsted rated schools nearby.


Features
Long term, Part furnished, Double glazing, En-suite, Communal area, Garden, White goods, Sofa, Beds, Lounge, Shops & amenities nearby, Close to public transport, Fitted kitchen, Gas cooker, Washing machine, Extractor hood canopy, Secured room, Oven, Free Hold, Separate access to each unit, Development Property, Easy access to city centre, Roof terrace, Balcony
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Map & Nearby

Primary

Abbey Lane Primary School
Distance: 0.05 m

Primary

St Thomas of Canterbury School, a Catholic Voluntary Academy
Distance: 0.40 m

Primary

Woodseats Primary School
Distance: 0.46 m

Primary

Mundella Primary School
Distance: 0.68 m

Primary

Holt House Infant School
Distance: 0.84 m

Primary

Greenhill Primary School
Distance: 0.89 m

Primary

Carter Knowle Junior School
Distance: 1.00 m

Secondary

Meadowhead School Academy Trust
Distance: 1.03 m

Primary

Meersbrook Bank Primary School
Distance: 1.04 m

Primary

St Wilfrid's Catholic Primary School
Distance: 1.05 m

Primary

Norton Free Church of England Primary School
Distance: 1.06 m

Secondary

Newfield Secondary School
Distance: 1.09 m

Other

Mossbrook School
Distance: 1.13 m

Other

Talbot Specialist School
Distance: 1.13 m

Primary

Dobcroft Junior School
Distance: 1.18 m

Primary

Dobcroft Infant School
Distance: 1.19 m

Primary

Lowedges Primary School
Distance: 1.20 m

Primary

Carfield Primary School
Distance: 1.27 m

Primary

Lower Meadow Primary School
Distance: 1.30 m

Primary

The Nether Edge Primary School
Distance: 1.31 m

Other

Mylnhurst Catholic Prep School & Nursery
Distance: 1.35 m

Primary

Anns Grove Primary School
Distance: 1.65 m

Primary

Bankwood Community Primary School
Distance: 1.66 m

Primary

Bradway Primary School
Distance: 1.78 m

Primary

Lowfield Community Primary School
Distance: 1.82 m

Primary

Ecclesall Church of England Junior School
Distance: 1.83 m

Other

Brantwood Specialist School
Distance: 1.84 m

Primary

Clifford CofE Infant School
Distance: 1.90 m

Primary

Sharrow Nursery, Infant and Junior School
Distance: 1.92 m

Primary

Valley Park Community School
Distance: 1.97 m

Bus

Woodseats, adj Abbey Lane
Distance: 0.01 m

Bus

Woodseats, adj Mitchell Road
Distance: 0.03 m

Bus

Woodseats, at St Thomas Church
Distance: 0.09 m

Bus

Woodseats, opp Bromwich Road
Distance: 0.09 m

Bus

Woodseats, adj Camping Lane
Distance: 0.10 m

Bus

Woodseats, opp Linden Avenue
Distance: 0.10 m

Bus

at Woodseats Library
Distance: 0.12 m

Bus

Woodseats, adj Cobnar Road
Distance: 0.16 m

Bus

Woodseats, adj Linden Avenue
Distance: 0.17 m

Bus

Meadowhead, opp Cobnar Wood
Distance: 0.18 m

Train

Dore & Totley Rail Station
Distance: 1.56 m

Tube

Herdings Park (Sheffield Supertram)
Distance: 1.77 m

Tube

Herdings - Leighton Road (Sheffield Supertram)
Distance: 2.07 m

Tube

Norfolk Park, Arbourthorne Road (Sheffield Supertram)
Distance: 2.22 m

Tube

Norfolk Park, Park Grange (Sheffield Supertram)
Distance: 2.27 m

Tube

Norfolk Park, Park Grange Croft (Sheffield Supertram)
Distance: 2.39 m

Tube

Gleadless Townend (Sheffield Supertram)
Distance: 2.39 m

Tube

Gleadless, Hollinsend (Sheffield Supertram)
Distance: 2.56 m

Tube

Charnock, White Lane (Sheffield Supertram)
Distance: 2.60 m

Tube

Park Hill, Granville Rd - Sheffield College (Supertram)
Distance: 2.61 m

Tube

Fairleigh, Spring Lane (Sheffield Supertram)
Distance: 2.62 m

Train

Dronfield Rail Station
Distance: 2.64 m

Train

Sheffield Rail Station
Distance: 2.86 m