Summary - WHARNCLIFFE HOUSE, 44, BANK STREET S1 2DS
1 bed 1 bath Shop
**Standout Features:**
- Tenanted café/office producing £20,000 per annum
- Leased to Mental Health Matters until October 2026
- Total space of 2,458 square feet, split across ground and lower ground floors
- Attractive Victorian-style façade with ornate details
- Flexible rental options available (3, 6, or 9-year lease)
- Rental incentives for the first year of lease
**Property Summary:**
Presenting an attractive investment opportunity in Sheffield's vibrant city centre, 44 Bank Street is a substantial commercial property perfectly positioned amongst a multicultural backdrop, ideal for various business ventures. This large two-floor premises boasts a stylish Victorian façade and a functional interior, featuring a ground floor reception and seating area, along with a kitchen and additional office/storage space spread across the lower levels. With a reliable tenant in place until October 2026, this property generates a desirable income stream of £20,000 per annum.
While the building enjoys fast broadband and excellent mobile connectivity, it is important to note that the current 3-year lease term may pose challenges for mortgage financing. Furthermore, the solid brick structure has no insulation, and the heating is reliant on electric storage heaters, meaning that future owners should consider potential improvement costs for long-term comfort and efficiency. With rental flexibility and proximity to key amenities, this is an opportunity that won't last long in this bustling environment—ideal for savvy investors looking to secure a stable and lucrative asset in a thriving locale.
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