High quality office development occupying a prominent position just 1 mile from Sheffield City Centre
A total of 41,003 sq ft arranged over ground and two upper floors across the two buildings
Total site area of 1.82 acres
Freehold
Total 'topped up' rent of £384,906 per annum
ERV of £410,030 per annum
AWULT to expiry of 3.4 years (2.1 years to break)
Opportunity to significantly improve the existing income profile through letting of vacant accommodation
We are instructed to seek offers in excess of £3,325,000 (STC),which reflects the following yield profile:-
10.87% NIY
11.58% Rev Yield
Low capital value of just £81 psf
