Property photos
Offers in region of
£750,000
(£166.67/sq. ft)
Office for sale
Bridge Street, Sheffield S34,500 sq. ft
Local area information
Property location
Nearby amenities
- Astrea Academy Sheffield 0.4 miles
- Pye Bank CofE Primary School 0.5 miles
- Sheffield 0.6 miles
- Darnall 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sheffield to find out more about the local area.
Features and description
- Prime office investment for sale
- Let to a very strong covenant
- Tenant has a government contract since 2015
- Located in the Riverside Exchange in Sheffield
- Quoting £750,000
- Rental income of £47,000 per annum until 2029
- 4,500 sq ft ground floor office
• 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
The property is let to atos it Services on an Fri Lease and is utilised as a benefits assessment centre. The Lease has recently been extended to 2029 at a passing rent of £47,000 per annum. The tenant has the right to terminate on a 2 yearly rolling basis, the current Tenant have been in occupation since 2015. The service charge provisions from the Headlease are passed to the Tenant.
• 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
The property is let to atos it Services on an Fri Lease and is utilised as a benefits assessment centre. The Lease has recently been extended to 2029 at a passing rent of £47,000 per annum. The tenant has the right to terminate on a 2 yearly rolling basis, the current Tenant have been in occupation since 2015. The service charge provisions from the Headlease are passed to the Tenant.
There are some planning applications within 0.5 miles of this home
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