Skip links
Published on: Uncategorised

For Sale – Well Let Office Investment Currently Let To Countrywide Estate

2 Campo Lane, Sheffield, S1 2EF

 Summary

  • Distinctive A2/Office Building
  • Located in the Cathedral Quarter of the City
  • Let to Countrywide Estate Agents
  • 10-year lease from 2013 without break
  • Current Rent – £24,500 per annum

Description

A self-contained and very distinctive property built over four floors providing ground, first and second floor offices with lower ground floor storage and amenity space.

The building is of brick construction with decorative stone front elevations beneath a slate roof.

There is a single off-street car parking space to the rear which is accessed off St Peter’s Close.

Location

Sheffield is England’s fourth largest city with a population of just under 1m within a ten-mile radius of the centre.

It is the regional centre of South Yorkshire and is some 33 miles south of Leeds and 38 miles east of Manchester.

The city benefits from excellent road, rail and air links.

Situation

The property is situated in Sheffield’s Cathedral Quarter which was the heart of medieval Sheffield and is now the City’s main professional and business quarter.

Located on the north side of Campo Lane directly opposite the Cathedral, the property is within easy reach of the city’s main shopping area.

Accommodation

Tenancy

The property is let under a 10-year full repairing and insuring lease from February 8th, 2013 with provision for rent reviews at five yearly intervals. There are no break clauses in the lease.

The current rent passing is £24,500 per annum and the 2018 rent review has not been triggered.

There is a tenant only break clause at the end of the 10th year of the term.

Rateable Value

£28,500

VAT

VAT is applicable to the purchase price.

Price

£385,000

Further Information

For this and any further information please contact

Adam Burdett

0116 365 1111

07734 111005

adam@intali.com

Leave a comment