Commercial property for sale in 2 Beton House, Park Hill, Rhodes Street, Sheffield, South Yorkshire S2

£200,000 (£119.4/sq. ft)
Interested in this property? Call +44 114 446 9211 * or Request Details

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Commercial property for sale

1,675 sq. ft*

Property features

  • Single let retail investment
  • Annual income of £21,060 per annum
  • Ideal for the Private Investor / sipp
  • Europe's largest listed building

Property description

Park Hill Investment Opportunity

Location

Perched high up overlooking Sheffield, Park Hill is visible from across City Centre. Accessible by every means of public transport, by foot and by pedal power, oh, and of course by car!

Situated immediately behind Sheffield Main Line Train Station and immediately off Park Square roundabout, accessibility could not be rivalled.

Description

Park Hill is a Brutalist, concrete icon, and the largest listed building in Europe.

Standing proudly at the top of hill overlooking Sheffield city centre Park Hill was a utopian vision, created in 1961 to create a new community for families. Its distinctive 'streets in the sky' - spaces outside each home that were wide enough for a milk float to do doorstep deliveries - were places in which families congregated and life thrived.

Fast forward to 2024, and Park Hill is that place once more, re-imagined, re-invigorated and regenerated.

The Sunday Times recently cited Park Hill as somewhere helping to make Sheffield the 'Capital of Cool'.

Terms

The property is currently let as a whole on a single occupation Tenancy to bloc Enterprise Limited t/a Bloc Hair Studio, on a lease expiring 05/04/2033 incorporating a Tenant only break option on 05/04/2028, paying an annual rent of £21,060 pa

The property investment is available at a quoting purchase £200,000 reflecting a niy of 10.29%.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Commercial Property Partners, S1 on +44 114 446 9211 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Commercial Property Partners, and do not constitute property particulars. Please contact Commercial Property Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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