Description
LOCATION:
Sovereign Point is a prestigious new mixed used development located in a prominent position on Infirmary Road, which runs parallel with Penistone Road, lying approx. 2 miles north west of the Sheffield city centre.
The surrounding area is undergoing gentrification with new housing and student developments occurring nearby. There are a number of well known and established retailers in the immediate area including Tesco’s, Wyndsor’s Shoes, Langsett Cycles, Mr.Slator Furniture and
The site enjoys the benfit of being located on the Supertram network with a stop only yards from the properties. There is also a frequent bus service running along Infirmary Road.
DESCRIPTION:
The property comprises 2 new ground floor retail units providing bright and airy open plan retail space and having excellent glazed display windows, benefiting from pre-installed security shutters.
The units are finished to a shell specification with all mains services into the units but capped off. To the rear there is a kitchen and W.C. facilities. There is rear access to both units which it is otherwise envisaged will be serviced from the front, where these is a dedicated vehicular pull in area.
ACCOMMODATION:
The units provide following approximate floor areas:
Frontage(Ft) Depth (Ft) Sales Area (Sq.Ft)
NO. 176
NO. 180
RATING:
The 2010 VOA rating list reveals that the property is assessed for business rating purposes having the following entry:
Rateable Value: £
Description: and Premises.
PLANNING:
Each unit has planning consent for A1 retail use, although may also be suitable for B1 office use, subject to securing the necessary consent. Please note that hot food takeaway use will not be permitted.
TENURE:
The premises are available for sale on the basis of a Long Leasehold Title.
LETTINGS:
176 Infirmary Road is available to let on a minimum 3 year Lease term at a commencing annual rental of £7,800 per annum, exclusive of business rates and V.A.T.
189 Infirmary Road is available to let again on a minimum 3 year Lease term, or longer at a commencing annual rental of £6,500 per annum, exclusive of business rates and V.A.T.
SALE PRICES:
The premises are available for sale with vacant possession, exclusive of rates and VAT, at prices as follows:
176 Infirmary Road Asking Price £ 55,000
180 Infirmary Road Asking Price £ 50,000
VIEWING:
Is by prior appointment via the sole retained agents: -
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