Fully Let Mixed-Use Investment Property

A substantial, fully let mixed-use investment property located in the heart of a long-established letting area, just a short walk from the main Sheffield University campus. The property comprises takeaway premises occupying the ground and lower ground floors (12-14 Barber Road), together with a two-bedroom flat above (10 Barber Road). The ground floor commercial space is let on a 15-year lease from 10th August 2016 at £16,800 per annum, featuring three-year rent reviews. The residential flat is let on a periodic tenancy at £1,150 per annum, generating a combined annual rental income of £29,050. The commercial accommodation includes a ground-floor takeaway/store, restaurant, hallway, accessible WC, and two additional WCs, alongside a lower-ground-floor preparation room/kitchen, hallway, and fire exit. The first-floor residential flat comprises an entrance lobby, living room/kitchen, inner hallway, two bedrooms, and a bathroom/WC. The property is held freehold and is sold subject to the existing tenancies.