£240,000
Retail premises for sale
Property photos
Leasehold
£240,000
(£162.71/sq. ft)
Retail premises for sale
Units 6 & 7 Phase 2, Park Hill, South Street, Sheffield S21,475 sq. ft
Local area information
Property location
Nearby amenities
- Sheffield 0.2 miles
- Seven Hills School (SEN) 0.5 miles
- All Saints' Catholic High School 0.5 miles
- Darnall 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sheffield to find out more about the local area.
Features and description
- Leasehold
- Unique investment opportunity
- Income producing at an annual rent of £22,124
- Part of Phase 2 of the highly regarded Park Hill regeneration
- Let on a 5 yr lease from 12 October 2024
- Ideal for private investor
- Access provided from South Street
Location
Park Hill is like no other place. Iconic is an overused term, but it really does apply to Park Hill. Completed in 1961, the Grade II* Listed Park Hill (the largest Listed structure in Europe) is a landmark on the Sheffield skyline atop one of the city's seven hills. With the tram and train within a matter of minutes walk, it offers superb connectivity to public transport. Furthermore, a pay and display car park behind Park Hill offers parking for any staff and customers. Park Square Roundabout is just down the hill providing onward access to The Parkway and M1.
Tenancy
The property is let on an equivalent full repairing and insuring lease to Hero of Health Ltd for a term of 5 years, commencing on 12 October 2024, at an annual rent of £22,124 pax. A copy of the lease is available on request.
The property is held by way of a 250 year ground lease at a rent passing of 50p psf pa.
Copies of all the above documents are available on request.
Tenure
The property is available to purchase by way of long leasehold interest at a price of £240,000 plus VAT.
Park Hill is like no other place. Iconic is an overused term, but it really does apply to Park Hill. Completed in 1961, the Grade II* Listed Park Hill (the largest Listed structure in Europe) is a landmark on the Sheffield skyline atop one of the city's seven hills. With the tram and train within a matter of minutes walk, it offers superb connectivity to public transport. Furthermore, a pay and display car park behind Park Hill offers parking for any staff and customers. Park Square Roundabout is just down the hill providing onward access to The Parkway and M1.
Tenancy
The property is let on an equivalent full repairing and insuring lease to Hero of Health Ltd for a term of 5 years, commencing on 12 October 2024, at an annual rent of £22,124 pax. A copy of the lease is available on request.
The property is held by way of a 250 year ground lease at a rent passing of 50p psf pa.
Copies of all the above documents are available on request.
Tenure
The property is available to purchase by way of long leasehold interest at a price of £240,000 plus VAT.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
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