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408-408A Sharrow Vale Rd 342 SF Retail Building Sheffield S11 8ZP $340,345 ($995.16/SF) 6.78% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully let shop / flat investment
- Current total income of £17,300 pa
- Popular location on Sharrow Vale area of Sheffield
- Vibrant busy location of independent shops and businesses; deli's, organic greengrocer, bakers, patisseries, cafes , restaurants, etc
EXECUTIVE SUMMARY
The property comprises a traditional mid terrace property, with a ground floor retail unit and separate upper floor flat. To the ground floor, is a rectangular sales area with a shop frontage to Sharrow Vale Road. There is a rear yard area with external WC facilities.
The one bed is accessed via a rear external staircase which provides access to the first floor. At first floor level there is a kitchen / diner, bathroom (WC, wash basin, bath and shower), and front lounge. To the attic is a bedroom.
The one bed is accessed via a rear external staircase which provides access to the first floor. At first floor level there is a kitchen / diner, bathroom (WC, wash basin, bath and shower), and front lounge. To the attic is a bedroom.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
342 SF
Building Class
C
Year Built
1950
Price
$340,345
Price Per SF
$995.16
Cap Rate
6.78%
NOI
$23,090
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.03 AC
Parking
1 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
15’ on Sharrow Vale Road
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NEARBY MAJOR RETAILERS
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408-408A Sharrow Vale Rd
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