Former Barclays Bank Prime Retail in Hillsborough

Key Points

• Prime location on Middlewood Road in the heart of Hillsborough
• Substantial accommodation over basement, ground, 1st, 2nd and 3rd floors
• Most recently utilised as a bank (old A2 (now Class E) by Barclays, but may suit other uses
• Close to Hillsborough Corner near Subway, Hillsborough Exchange and various retailers

Description

The property is a 5-storey (including attic and basement) retail unit which has previously been occupied by Barclays Bank. The unit comprises a ground floor retail unit with three storeys of ancillary space above and a basement below.

At ground level there is the former banking hall which has a solid frontage and metal framed windows in the front elevation. The basement includes a safe. The first floor comprises a former office at the front plus two store-rooms. The second floor includes an office and WCs. The attic was previously used for storage.

The property has electric, gas, water and drainage services. The property is accessed by means of a front door and there is also access to the rear across a shared rear yard.

Available area

The accommodation comprises of the following

Location

The property is located on Middlewood Road which is one of the main through roads in Hillsborough area of Sheffield - approximately 2 miles north west of Sheffield city centre.

The area is popular with local and nationals with a variety of traders in the area including, independent cafés, nail bars, Subway, Betfred, Specsavers and Hunters Estate Agents.

Viewings

For further information or viewings, please contact the sole agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcommercial.co.uk

Rating Assessment

Based on information obtained from the Valuation Office Agency websites the demise is rated as follows:-

Address: 2 Middlewood Road, Sheffield, S6 4GY
Description: Bank & Premises
Rateable Value: £15,750

Interested parties are advised to make their own enquiries with the Local Authority for verification purposes

Rent

The property is held on a lease expiring on 24th January 2028, with the current tenant intending to exercise the break in January 2023.

Interest will be considered for a new lease at a rent of £15,600. We are informed VAT is NOT payable.