Bridge St - Storefront Retail/Residential FOR SALE


Sheffield, SYK S3 8NH
$750,000 USD
Bridge St, Sheffield, SYK for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 6.27% Cap Rate

Bridge St
Sheffield, SYK S3 8NH


HIGHLIGHTS

  • Located within a prime Sheffield office area
  • Close to the M1
  • Let to a very strong 5A tenant
  • Passing rent of £47,000 per annum
  • Let on FRI Lease until 2029

OVERVIEW

• Long Leasehold • 4,500 sq ft (NIA) over ground floor • Located within a prime Sheffield office area in the Riverside Exchange Sheme • Let to ATOS IT Services UK Limited representing a very strong covenant with a 5A rating • Offers in the region of £750,000 • Passing rent of £47,000 per annum exclusive • A purchase at this price reflects a NIY of 5.95% assuming purchasers’ costs of 5.40% • Recent Lease renewal until 2029 on FRI terms

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

6.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverside Exchange

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,073 SF

ZONING

-

APN/PARCEL ID

SYK472006,SYK503330,SYK503347,SYK503390,SYK503470,SYK503853,SYK505667,SYK513725,SYK540354

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Matt BredinLM1 AgencyMore Info

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