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2 Rotherham Road

For sale: £1,100,000.00|25500 Sq Ft|Office, General Industrial, Land, Leisure Property, Other, Offices, Industrial, Commercial Land, Licensed & Leisure, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£1,100,000.00
SIZE25500 Sq Ft
ADDRESS2 Rotherham Road, Sheffield, S13 9LL
TYPEOffice, General Industrial, Land, Leisure Property, Other, Offices, Industrial, Commercial Land, Licensed & Leisure, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON21st September 2020

DESCRIPTION

Key Points

  • Office & Industrial Estate
  • Producing approximatley £112,176 per annum
  • Development potential / increase income
  • M1 less than 3 miles away
  • Site area 2.5 acres
  • Summary

    INVESTMENT / REDEVELOPMENT OPPORTUNITY

    Description

    The property has been used as administrative offices and a depot/works by the current owners since it was built, but is now mainly let to third parties. It comprises a 4 storey office block and a series of single storey workshops and storage buildings on a large site with extensive yard and parking areas.

    Location

    The property occupies a prominent position at the junction of Rotherham Road (B6066) and Retford Road (B6200) in the Handsworth area of Sheffield. It also has a direct frontage to Orgreave Road. It is adjacent to Dore House Industrial Estate and close to existing housing. There is good access to Sheffield Parkway via the B6066 (approximately 1.4 miles), to junction 33 of the M1 motorway (approximately 2.9 miles) and to Sheffield city centre (approximately 5.8 miles). The Advanced Manufacturing Park is approximately 0.5 miles and a large housing development at Waverley approximately 0.5 miles away.

    Planning

    In the adopted UDP and the draft Sheffield Plan, the site is mainly allocated for business/industrial purposes, with a part allocated as open space. Purchasers are advised to make their own enquiries to satisfy themselves that the property is suitable for their intended use.

    Tenancy / Accommodation Schedule

    Offices   | Sq Ft | Tenant | Annual Rent | Lease Ground | 2,250 | Part let to SYHA (below) |   |   First | 2,250 | Vacant |   |   Second | 2,250 | Vacant |   |   Third | 2,250 | Vacant |   |   Fourth | 2,250 | Hall Uk (Manufacturing)Ltd | £12,000 | From June 2014 - 6 year lease Workshop Units   Sq Ft Tenant Annual Rent Lease Unit 1 8,071 Kitchen World £19,200 Initial lease June 2012 (holding over) Unit 2 2,525 SYHA £47,500 April 2017 - 5 year lease (Plus yard & part of ground floor offices) Unit 3 1,840 Concept Performance £6,600 Initial lease July 2014 (holding over) Unit 4 1,814 Vacant     Office Roof   | Sq Ft | Tenant | Annual Rent | Lease Roof |   | CTIL | £13,438.14 | December 2016 - 15 year lease with landlord break at end of year 5 Roof |   | Arquiva | £13,438.14 | Same as CTIL lease  

    Tenure

    Freehold.

    Additional Information

    Further information, including title information, copy leases/tenancies, EPCs, topographical survey, etc are available from the agents.

    LOCATION

    Location: 2 Rotherham Road, Sheffield, S13 9LL

    Woodhouse (0.9 miles)

    Darnall (1.8 miles)

    Meadowhall (3.5 miles)

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