- 2 miles north-west of Sheffield
- 31 miles south of Leeds
- A57, A61, M1 (J34)
- Hillsborough Tram
- Doncaster Sheffield Airport
Hillsborough is a popular suburb of Sheffield, approximately 2 miles north-west of Sheffield City Centre, 31 miles south of Leeds and 36 miles south-east of Manchester. The property is located between the River Loxley and Hillsborough Park, and fronts the east side of Middlewood Road. The property benefits from two tram stops (Hillsborough and Middlewood Road) which provide access to and from Sheffield City Centre. Hillsborough Interchange is close by too which connects the area with buses from Sheffield, Rotherham and the local area.
Freehold. Majority Freehold. The entire property is held Freehold save for 22 Hawsley Avenue, which is held Leasehold. Please see legal pack for full details.
The Hillsborough Exchange Shopping Centre was originally built in 1988 and comprises a covered scheme with pedestrian access from Middlewood Road and Bradfield Road. The scheme is currently arranged to provide 27 units (all of which are currently let except two) and four kiosks (two of which are vacant). The majority of the retail units trade at ground floor level, with one unit trading from ground and first floor. The total retail/ancillary accommodation totals approximately 8,540.78 sq m (91,933 sq ft) on a total site area of approximately 2.8 acres (1.13 ha).
The property also benefits from a rooftop customer car park comprising over 100 spaces which is accessed from Procter Place. The property includes the Old Blue Ball Site.
VAT is applicable to this lot.
The property may benefit from future redevelopment for a variety of uses, subject to all necessary consents and current tenancies. Interested Parties are referred to Sheffield City Council (www.sheffield.gov.uk).
Gross Total (including mall entertainment, vending machines, car parking and advertising etc):
Current actual and estimated gross income is £823,379 per annum.
Four Week Completion
Various. Please see legal pack at www.acuitus.co.uk.