| Property Type | Retail / Retail |
| Tenure | Lease Assignment |
| Size | 4,430 sq ft |
| Rent | £60,000 per annum |
| Premium | £75,000 |
| Business Rates | £10,978 per annum |
| Rateable Value | £22,000 |
| Energy Performance Rating | This property has been graded as C (61) |
The property forms part of the historic Glossop Road Baths development which comprises luxury apartments and the refurbished Victorian Turkish Baths that date back from 1836 which currently trade as a luxury spa.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - Sales | 2,836 | 263.47 | Available |
| Ground - Kitchen/Stores/WC's | 1,594 | 148.09 | Available |
| Total | 4,430 | 411.56 |
The property is situated on Glossop Road at the corner of Victoria Street approximately 0.5 miles from Sheffield city centre. Glossop Road is a popular and busy destination particularly with students attracted by the many bars and restaurants, including; Vodka Revolution, KFC, The Cavendish, Nando’s and Molly Malone’s. The property is also located a short distance from The University of Sheffield main campus and its Student Union. Glossop Road also forms part of the city’s extensive Supertram network.
The property is held on a lease dated 8th December 2008 for a term of 25 years from 1st December 2008, expiring on 30th November 2033. The lease includes an option for the tenant to take a further lease for a term of 25 years upon the expiry of the existing lease. The lease is drawn on effective Full Repairing and Insuring terms where the current rent is £60,000pa + VAT. The lease allows for the rent to be reviewed every 5 years to an open market rent on an upwards only basis with the next rent review due on 16th February 2028.
Premium offers are being sort for the benefit of the current lease and the existing fixtures and fittings. Further details are available from the agents.
Strictly by appointment with the sole agents.