Property photos
Freehold
Offers in region of
£390,000
(£110.95/sq. ft)
Office for sale
York Street, Sheffield S13,515 sq. ft
Local area information
Property location
Nearby amenities
- Sheffield 0.4 miles
- Netherthorpe Primary School 0.6 miles
- Springfield Primary School 0.6 miles
- Darnall 2.4 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
- Freehold
Key Points
Two storey building plus basement, currently let to Hidden Hearing and In The Picture Sheffield city centre location very close to High Street and Fargate Current income of £27,750 pa First floor currently vacant - potential for owner occupation or residential conversion (stp)
Description
The subject property is off part brick and part stone construction retail / office building. The accommodation is on two main stories plus a basement. At present it is split into three areas, of which two are let; on the ground floor to Hidden Hearing and In The Picture. The first floor is current let but was previously let to a recruitment firm as office space.
There is a substantial basement to the property, which provides storage for the tenants and there is a vacant area also.
Location
The property is located on York Street, which lies between Campo Lane and High Street in Sheffield city centre. The property is well placed for various shops and amenities on High Street, Fargate and in the wider city centre. Sheffield Catherdral is located a short distance away.
Tenure
Freehold. Title number: YWE71532
Planning
We anticipate the the property has an established retail / Class E planning use given the historic uses. We would anticipate the first floor may have potential for a variety of other commercial / residential uses subject to planning. We suggest interested parties make independent enquiries to establish whether their planning use is suitable.
Rating Assessment
Ground Floor, 29 York Street: Rateable Value £4,800.
Ground Floor, 19-23 York Street: Rateable Value £11,000.
First Floor, 19-29 York Street: Rateable Value £12,250.
Tenancy
Tenant: Individual trading as In The Picture
Area: Ground Floor Office and part basement
Lease: Currently holding over at rent of £10,000 pa
Tenant: Hidden Hearing Ltd
Area: Ground Floor Office / Retail
Lease: 10 year lease from 17/10/2018 at rent of £17,750 pa
First Floor: Currently vacant
Price
Offers in the region of £390,000. We are informed VAT is not payable on the purchase price.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents.
Description
The subject property is off part brick and part stone construction retail / office building. The accommodation is on two main stories plus a basement. At present it is split into three areas, of which two are let; on the ground floor to Hidden Hearing and In The Picture. The first floor is current let but was previously let to a recruitment firm as office space.
There is a substantial basement to the property, which provides storage for the tenants and there is a vacant area also.
Location
The property is located on York Street, which lies between Campo Lane and High Street in Sheffield city centre. The property is well placed for various shops and amenities on High Street, Fargate and in the wider city centre. Sheffield Catherdral is located a short distance away.
Tenure
Freehold. Title number: YWE71532
Planning
We anticipate the the property has an established retail / Class E planning use given the historic uses. We would anticipate the first floor may have potential for a variety of other commercial / residential uses subject to planning. We suggest interested parties make independent enquiries to establish whether their planning use is suitable.
Rating Assessment
Ground Floor, 29 York Street: Rateable Value £4,800.
Ground Floor, 19-23 York Street: Rateable Value £11,000.
First Floor, 19-29 York Street: Rateable Value £12,250.
Tenancy
Tenant: Individual trading as In The Picture
Area: Ground Floor Office and part basement
Lease: Currently holding over at rent of £10,000 pa
Tenant: Hidden Hearing Ltd
Area: Ground Floor Office / Retail
Lease: 10 year lease from 17/10/2018 at rent of £17,750 pa
First Floor: Currently vacant
Price
Offers in the region of £390,000. We are informed VAT is not payable on the purchase price.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents.
More information
Listed by
SMC Chartered Surveyors
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