* Freehold
**Key Points**
* Located on the Middlewood Road, the main retailing centre in Hillsborough, Sheffield
* Busy retail location close to Hillsborough Shopping Centre
* Ground floor shop is let at £13, 080 per annum and self contained flat is let at £5, 720 per annum.
* Total gross income of £18, 800 per annum.
* Long standing established tenants
**Description**
The property comprises a mid - terrace building of traditional brick and
artificial slate construction. The property is split between retail to the
ground floor and a self contained flat to the upper floors.
The ground floor and basement (commercial part) is occupied by 'ew Pearsons &
Sons' who operate as a butchers. To the ground floor is a front sales area,
rear preparation area, rear store and external detached store. There is
further basement storage.
The flat (49a Middlewood Road) is accessed via a rear staircase which leads to
external decking. The flat includes a bathroom (WC/shower/wash basin),
kitchen, and living room to the first floor, and two attic bedrooms. The flat
includes radiators, carpets, dormer windows with a boiler located in the
hallway.
**Location**
The property is located on Middlewood Road in the main centre of the
Hillsborough retail district, which is approximately 2 miles north of
Sheffield city centre. Middlewood Road is serviced via a bus and supertram
network. This area is a busy retailing area with many local and national
retailers within a close proximity including Subway, Halifax, British Heart
Foundation, B&M, Boots, Beres Sandwich Shop, and many others. Hillsborough is
a popular Sheffield suburb with a mix of housing types within a short walk of
the subject property.
**Tenure**
The property is offered for sale on a Freehold basis subject to the current
tenancies stated within these details.
Freehold - Title Number SYK93351
**Tenancies**
The ground floor and basement at 49 Middlewood Road is subject to an existing
lease (rent and business equipment), and a new lease (same tenant) will be
entered into to coincide with the sale, at a rent of £13, 080 pa (£1, 090pcm) on
the basis of a new 5 year lease.
The flat to 49a Middlewood Road is let on an assured shorthold tenancy (AST)
producing a total income of £5, 720 pa (£110 per week). A new AST from 9th June
2023.
Both tenants are long standing and have been in occupation for over 10 years.
The total current approximate income is £18, 800 pa. Further details are
available by request.
**Price**
£200, 000. We understand 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. The
required documents will be confirmed to and requested from the successful
purchaser.

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