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14 Nethershire Ln
Sheffield S5 0QA

Retail Property For Sale

Retail Space South Yorkshire 14 Nethershire Ln, Sheffield, SYK S5 0QA

Executive Summary

The entire property is let to a private tenant on a Full Repairing and Insuring lease for term of 15 years from 20th April 2020 at a commencing rent of £12,000 per annum which is subject to review every four years on an upwards only basis, the next being 27th April 2024.
Offers are being sort in the region of £170,000 for the long leasehold interest. A purchase at this level reflects a gross yield of 7%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
796 SF
Building Class
B
Year Built
1980
Price
$187,034
Price Per SF
$235
Cap Rate
8.03%
NOI
$15,013
Tenancy
Single
Building Height
2 Stories
Lot Size
19.97 AC
Frontage
20 FT on Nether Shire Lane
 

  • Listing ID: 26876188

  • Date on Market: 7/29/2022

  • Last Updated:

  • Address: 14 Nethershire Ln, Sheffield S5 0QA

The Retail Property at 14 Nethershire Ln, Sheffield, S5 0QA is currently available for sale. Contact MJB Commercial Property Ltd for more information.

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