Mixed use for sale
Features and description
- Tenure: Freehold
- Mixed Use Freehold Block
- Commercial Tenant Security
- Strong Rental Income
- Desirable Location
- High Rental Yield
Introducing a Prime Investment Opportunity on Abbeydale Road, Sheffield, S7 1FG!
We are delighted to present a unique chance to acquire a mixed-use investment property, perfectly positioned in one of Sheffield's most vibrant and sought-after areas. This is an exceptional opportunity for investors seeking strong rental yields and long-term potential.
Key Highlights:
1. Mixed-Use Freehold Block
Two properties on a single title, offering both commercial and residential rental streams.
Comprising a well-established commercial unit (currently operating as an off-license supermarket) and three self-contained flats, providing a diversified income.
2. Commercial Tenant Security
Secure 5-year lease agreement in place, offering stability and peace of mind for investors.
Next break option not until 2026, ensuring continuity of rental income for the foreseeable future.
3. Strong Rental Income
Commercial Unit: Generates a steady rental income of £1,000 per month, equating to £12,000 per annum.
Residential Flats: Collectively, the three flats bring in an annual rental income of approximately £21,000 per annum.
4. Desirable Location
Abbeydale Road is a bustling and well-connected area of Sheffield, known for its lively community, independent shops, and popular amenities.
Close proximity to transport links, local amenities, and a strong rental demand make this property a highly attractive investment.
5. High Rental Yield
Total Rental Income: £12,000 (commercial) + £21,000 (residential) = £33,000 per annum
Estimated Yield: Based on a purchase price within the range of £400,000 to £420,000, the gross rental yield is approximately 7.85% to 8.25%.
Investor's Perspective:
This is a rare opportunity to acquire a high-yielding, mixed-use block with secure tenancy agreements in place. With the commercial unit offering strong rental income and the self-contained flats providing steady additional revenue, this property represents a compelling investment option.
Don't miss out on this opportunity to secure a versatile investment with strong rental returns and long-term potential. Enquire now to arrange a viewing and see firsthand the potential that Abbeydale Road, Sheffield, has to offer.