Freehold Commercial Investment Property Located In Sheffield. Ground Floor Fish & Chip Shop Let. 1 Bed Flat Above Producing Income. Rental Income £24,000 pa ROI (8%).
Veritas Business Sales are delighted to offer for sale this Freehold Investment Property located in Sheffield. The building was built in the 1930’s and has been a Fish & Chip shop since the 1950’s. The ground floor let is a well established Fish & Chip Takeaway currently let on a secure 10-year lease with 8 years remaining, generating a rental income of £15,600 per annum. The first floor offers a self contained one bedroom flat, let on a rolling 12 month tenancy and producing £8,400 per annum. The property is fully let and producing a combined rental income of £24,000 per annum, offering an attractive ROI of 8%.
The owners have invested over £40,000 in the property, fully refurbishing both elements. The shop was stripped back to bare brick and fitted with high quality commercial equipment, while the upstairs flat was extensively modernised. Fixtures and fittings are all owned outright and included in the sale which is an excellent advantage for any purchaser.
This is a rare opportunity to acquire a turnkey freehold investment combining both commercial and residential income streams. With secure tenants already in place and strong returns, an early viewing is highly recommended.
