120-120A Handsworth Road, Sheffield
, S9 4AE
Price: Sale Price: £160,000
Size: 1309 sq ft121 sqm Primary Category: Investment All Categories:
Investment, Property Ref/Movehut: MH621193 Property Ref/Agent: 203
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: January 26, 2020
An end terrace two storey building of mainly traditional brick and slate construction. The property is comprised of a cafe to the ground floor (with ancillary basement accommodation) and a self contained two bedroom flat to the first floor.
The ground floor cafe is made up of a sales area, rear kitchen and preparation area to the ground floor, and further storage to the basement level.
The flat is accessed via a side entrance with stairs leading to the first floor. The flat includes a lounge, kitchen, bedroom 1, bedroom 2 and bathroom (WC. wash basin, shower and bath). The flat has been refurbished to a good standard.
To the side area is a vehicle parking area/yard and to the rear of the property is a garden/yard area as well garage and stores.
The property provides the following Net Internal Areas:
Sales Area (GF)
Preparation Area (GF)
1st Floor Flat
Freehold - Title number SYK461669.
Terms are agreed for a letting of the ground floor and basement on a new a 25 year lease at a rent of £11,000 per annum.
The upper floor flat is let out on the basis of an Assured Shorthold Tenancy (AST) from 16th March 2016 until 15th September 2016, with the tenant currently holding over, at a rent of £6,240 per annum.
Once the commercial letting completes the total gross income will be £17,240 per annum.
Offers in the region of £160,000. VAT is NOT payable on the purchase price.
The property is located fronting Handsworth Road on a parade of similar style property in close vicinity to Sheffield Parkway (A630). The property is situated approximately just over 5 miles to the the east of Sheffield city centre.
Handsworth is a mainly residential area although there is a diverse range of retailers located on Handsworth Road including Asda, Aldi, and various local independent retailers.
EPC for 120-120A Handsworth Road, Sheffield
Value my property
Do you have a property you would like to get a valuation for? Simply click the button
below to request a property valuation directly.