VACANT FREEHOLD RETAIL PREMISES

Key Points

• Freehold retail property over ground and first floor
• Located in Stocksbridge town centre
• Suitable for a variety of retail uses
• Suitable for owner occupation or investment

Description

The property is a two storey mid parade retail premises fronting Manchester Road. The accommodation comprises ground floor retail with ancillary accommodation to the first floor with WC facilities.

The ground floor premises has been stripped back and includes shop window frontage, suspended ceiling, electric wall mounted units and a solid concrete floor. To the first floor there is a landing area with access to a rear exit, kitchenette, 2 x WC (with wash basin), front room and side room.

The property benefits from water, electricity and drainage, although these have not been tested. There is a first floor fire exit / rear exit.

We are informed the rear external area is a common area shared with adjoining occupiers.

Location

The property occupies a position fronting onto Manchester Road (A.616) in the town centre of Stocksbridge. Close by occupiers include
the Co-op, Lidl, and a variety of local traders.

Rating Assessment

From information obtained from the Valuation Office Agency website the demises are rated as follows:

Address: 475, Manchester Road, Stocksbridge, Sheffield, S36 1DH
Description: Shop and premises
Rateable Value: £7,300

The property may qualify for Small Business Rate Relief. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

Planning

The property was most recently used as a betting shop (sui generis) use. There is a permitted development right to change to Class E given the September 2020 planning changes, however we advise prospective purchasers to make their own enquiries and take professional advice.

Tenure

Freehold - Title number SYK527667

Price

Offers invited in excess of £85,000.

VAT

We understand VAT is not payable on the purchase price.