Summary - 232, HOLME LANE S6 4JZ
1 bed 1 bath Commercial Property
Affordable freehold shop with established trading and short-term income upside.
Freehold commercial terrace on high‑profile Holme Lane location
Passing income £7,200pa; ground floor £5,580pa until Nov 2031
Rent review scheduled for 2026 on the ground floor lease
Upper floors on long‑standing verbal agreement; tenancy not formalised
Will be sold by public online auction; legal pack essential
Buyer's premium and additional auction fees apply to purchaser
Small plot size and mid‑20th century construction; refurbishment likely
Excellent mobile signal and fast broadband; low local flood risk
This freehold commercial terrace occupies a high‑profile main road position on Holme Lane, a short walk from the Malin Bridge Supertram stop. The ground floor operates as a long‑established takeaway and the first floor provides ancillary accommodation accessed from the rear — a compact, city‑edge investment in an area of mixed residential demand.
The property is offered at public online auction with bidding opening 9th December and closing 10th December 2025. Current passing income totals £7,200pa: ground floor let at £5,580pa to November 2031 (rent review due 2026) and upper floors held on a long‑standing verbal agreement at £1,620pa. Buyers should note the upper floor arrangement is not formally documented and income there may be insecure.
Suiting investors seeking an affordable yield or owner‑operators wanting an active trading pitch, the building benefits from excellent mobile signal, fast broadband and steady footfall on a busy route between Hillsborough and nearby suburbs. Material considerations include the auction sale process (legal pack and buyer’s fees apply), the verbal tenancy upstairs, a small plot size, and the need to rely on full due diligence prior to bidding.
Opportunities include securing the upper floor on a formal lease, implementing a rent review outcome in 2026, or modest refurbishment to enhance trading appeal. The location’s transport links and local amenities support continued customer flow, but buyers should factor in potential refurbishment and legal costs when assessing value.
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