Lot
025
Auction: May 2022 Online Auction 25/05/2022

527 Ecclesall Road, Sheffield, South Yorkshire S11 8PR

Property Details
Location
Description
Ground floor retail unit together with 2 bedroom maisonette over the first and second floor, detailing a total annual equivalent income of £28,700.

The title being offered comprises the freehold of both 525 & 527 Ecclesall Road, however, 525 Ecclesall Road has been effectively sold by way of a long leasehold agreement at a nominal ground rent all as detailed in the legal pack.
Location
The property is located on the popular Ecclesall Road approximately 1.5 miles west of Sheffield City centre between Bruce Road and Hickmott Road.

The area is a mix of residential and retail and is know for its bars restaurants and shopping. Local occupiers include Sainsbury's Local, Nando's, Tescos and KFC. Local amenities include Endcliffe Park, Botanical Gardens with Sheffield Hallam University, Collegiate Campus as short distance away.
Accommodation

527 Ecclesall Road 
Ground FloorRetail unit
First FloorLounge, Kitchen, Bathroom
Second Floor2 Bedrooms

Tenure
Unknown
Planning
For all planning enquiries please contact; Sheffield City Council Tel: 0114 203 9183
Tenancy
527 Ecclesall Road ground floor retail unit is subject to a 5 year lease from April 2022 at £20,000 pa.

The flat on the first and second floors of 527 Ecclesall Road is let by way of a 12 month AST from June 2020 detailing a rent of £725 pcm or the annual equivalent of £8,700 pa.

Ground floor retail unit is let by way of a 5 year lease from April 2022 at £20,000 pa
The flat on the first and second floors is let on an AST producing £725 pcm or the annual equivalent of £8,700 pa.
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 rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 24TH MAY AND CLOSES ON WEDNESDAY 25TH MAY.

3. Energy Performance Certificate = C

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Sheffield 600x300

Sheffield

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