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Sheffield Prime Freehold Investment Opportunity

13 June, 2023
Prominently located in an extremely busy location of England’s fourth largest city, Sheffield, our latest instruction to sell 2/18 Cambridge Street & 11/17 Division Street offers an unrivaled opportunity to acquire a prime freehold investment with a weighted average unexpired lease term of 13 years and fixed rental increases!
Sheffield Image

Spanning 28,945 sq ft, the scheme is let to five tenants, including JD Wetherspoon, Ask, Stonegate and Caffe Nero.

Offering £396,125 of rental income per year, we have been instructed, alongside joint agent Cooper Rose LLP, to sell the property for £5.31m, reflecting a net initial yield of 7% which rises to 7.41%

Contact FMX's Graham Fawcett or Patrick Kilvington, or joint agent Giles Cooper today to make sure you don’t miss this opportunity.

 

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