This property is positioned in the vibrant suburb of Chapeltown, conveniently situated on Arundel Road, just off Station Road and approximately seven miles from Sheffield City Centre. The area is known for its mix of residential and commercial amenities, including a variety of shops, pubs, cafes, and a large Asda Superstore located at the top of Arundel Road. Local transport options are robust, with Chapeltown's own train station nearby and various bus routes enhancing accessibility.
The site encompasses two semi-detached residential properties alongside four commercial units located at the rear. Covering roughly 0.19 acres, the residential portion includes two two-bedroom homes that currently have tenants in place. The commercial section features three office spaces and a workshop; while two offices are currently vacant, one remains occupied.
Externally, there is a shared yard that provides parking for multiple vehicles. This property presents significant potential for redevelopment or investment enhancement subject to planning approvals. With four existing tenancies — including both residential properties as well as part of the commercial units — there is an annual rental income of £26,580. Given the current vacancies and impending lease renewals, there is considerable opportunity to escalate this income further.
In terms of space specifics, the total internal area measures approximately 4,728 square feet across various units: two residential properties (721 sq ft and 786 sq ft), a workshop (442 sq ft), and three offices (708 sq ft, 454 sq ft, and 1,617 sq ft). Furthermore, separating the title for individual sale of the residential houses could provide additional avenues for return on investment.
The Energy Performance Certificates for each building are available upon request. Each unit has been assigned its own rating assessment; more details can be provided to interested parties. The residential properties fall under Band A for council tax purposes.
Legal costs associated with this transaction will be borne by each party independently. Overall, this property offers an attractive blend of steady income potential along with opportunities for future growth through strategic renovations or reconfiguration.
