Asking Price: £325,000
The property comprises a detached two storey brick built commercial building constructed under a flat felt roof. Occupying the ground floor of the building are 3 retail units, 2 of which are occupied by Lloyds TSB, with the third being occupied by Coop Group Travel 1 Ltd. To the first floor is a self contained office suite held on a lease by a local independent business
To the rear of the building is an Asda Superstore and car park and the building benefits from having a staircase and footpath from the car park and along the side of the building. The property is positioned along Station Road which is one of the main roads through Chapeltown centre in what is a prominent position. Chapeltown is situated approximately 7 miles to the north of Sheffield city centre, and 10 miles to the south of Barnsley town centre.
The sale of this property presents an excellent opportunity to acquire investment properties with Lloyds TSB Bank Plc held on a lease for a further 8 years with an initial yield of 7.7%.