Residential · Commercial Property

232 Holme Lane, Mailn Bridge, Sheffield, South Yorkshire S6 4JZ

232 Holme Lane, Mailn Bridge, Sheffield, South Yorkshire S6 4JZ

Property type
Commercial Property

Description

FREEHOLD COMMERCIAL INVESTMENT £7,200pa WITH RENT REVIEW NEXT YEAR - An inner terrace property occupying a high profile main road position, a short walk from the Malin Bridge Supertram stop on this busy route from Hillsborough to a number of residential locations including Stannington, Loxley, Walkley and Wisewood. The property comprises a long established ground floor takeaway trading as "The Hillsborough Grill" together with first floor accommodation accessed from the rear. The ground floor is let at £5,580pa for 10 years until November 2031 with a rent review in 2026, whilst the upper floors are held on a long established verbal agreement at £1,620pa.

Financial Tools

Your estimated monthly payment
£291.81/mo
Deposit £17,500 (25%) Loan £52,500 Interest £35,044
Total cost £87,544 Total interest £35,044
Property price£70,000
Deposit25%
£17,500
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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