Summary - MANOR LODGE PRIMARY SCHOOL, MANOR LANE S2 1UF
1 bed 1 bath Commercial Property
Fully let shop and 1-bed flat producing £24,000pa with fixtures included — ready for income investors.
10-year shop lease with 8 years remaining (income stability)
Combined rental income £24,000 pa; advertised ROI 8%
Fixtures and commercial equipment included in the sale (turnkey)
Newly renovated throughout; shop stripped to bare brick and refitted
Upstairs 1-bed flat on rolling 12-month tenancy (less secure)
Very large plot with rear yard and external access
Higher local crime level; factor security and insurance costs
Asking price £299,995 plus stock at valuation (SAV)
A freehold commercial investment in Manor Castle, Sheffield, combining a long-established ground-floor fish and chip takeaway and a modernised one-bedroom flat above. The property is fully let and currently produces a combined rental income of £24,000 per annum, reflecting an advertised return of 8% at the asking price. Fixtures and commercial equipment are included in the sale, creating a largely turnkey income asset.
The ground-floor takeaway is held on a secure 10-year lease with eight years remaining, providing income stability from a tenant operating established trade. The first-floor self-contained flat is let on a rolling 12-month tenancy and benefits from recent full refurbishment, gas central heating, combi boiler and double glazing.
The building dates from the 1930s but has been newly renovated across both elements, with the shop stripped back and refitted with high-quality commercial equipment. The site sits on a very large plot with rear yard and external space. There is no recorded flood risk and broadband and mobile signal are good.
Notable considerations for purchasers: the area records higher local crime levels, and the asking price is listed as £299,995 plus stock at valuation (SAV). The upstairs flat’s rolling tenancy is less secure than the shop lease, so income predictability differs between the two units. Investors should review the existing lease documents and equipment inventory before purchase.
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