Substantial Unbroken City Centre Mixed-Use Parade Investment
Directly behind Sheffield Cathedral in the City's Professional Quarter
Fully-let unbroken parade comprising 5 shops, a recruitment agency and 3 x 2 bed and 3 x 1 bed flats let on AST's
Tenants include a coffee shop, a cosmetic clinic, two barbers, a juice bar and a recruitment agency
Located close to Fargate, High Street and various bust/tram routes in a mixed commercial, residential and student area
Lot 27
Auction 15th May 2025
Rent Gross: £151,765 per Annum Exclusive
Status Withdrawn Prior
Price
Sector High Street Retail, Residential
Auction Venue Live Streamed Auction
Property Information
Location
Roads
A61, A57, M1
Rail
Sheffield Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated on the north side of Campo Lane, directly behind Sheffield Cathedral and a short distance from the main retailing facilities in Sheffield City Centre. The City is home to two prestigious universities, with Sheffield University and Sheffield Hallam University having over 60,000 students. Located in the ''Professional Quarter'', the immediate vicinity provides for numerous student accommodation buildings, hotels and an eclectic mix of bars and restaurants.
Tenure
Leasehold. Held on three separate titles (10-16 Campo Lane, 18-24 Campo Lane and 26 Campo Lane), all held from Sheffield City Council, each for a term of 200 years from 1928 (circa 103 years unexpired) at a total ground rent of £127 pa.
Location
Roads
A61, A57, M1
Rail
Sheffield Railway Station
Air
Leeds Bradford Airport
Situation
The property is situated on the north side of Campo Lane, directly behind Sheffield Cathedral and a short distance from the main retailing facilities in Sheffield City Centre. The City is home to two prestigious universities, with Sheffield University and Sheffield Hallam University having over 60,000 students. Located in the ''Professional Quarter'', the immediate vicinity provides for numerous student accommodation buildings, hotels and an eclectic mix of bars and restaurants.
Tenure
Leasehold. Held on three separate titles (10-16 Campo Lane, 18-24 Campo Lane and 26 Campo Lane), all held from Sheffield City Council, each for a term of 200 years from 1928 (circa 103 years unexpired) at a total ground rent of £127 pa.
Description
The property comprises an substantial unbroken parade providing five shops, four storey office (recruitment agency) and six separately accessed two/three bed flats on the upper floors.
VAT
VAT is applicable to this lot.
EPC
The EPC's will be available to view online in the solicitor’s legal pack.
Description
The property comprises an substantial unbroken parade providing five shops, four storey office (recruitment agency) and six separately accessed two/three bed flats on the upper floors.
VAT
VAT is applicable to this lot.
EPC
The EPC's will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Address
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
10 Campo Lane
Ground Basement
Retail Ancillary
20.90 18.70
(224) (200)
M. WILLIAMS t/a Citadel Barbers
3 years from 07/07/2022
£9,100
12 Campo Lane
Ground Basement
Retail Ancillary
20.80 14.70
(223) (158)
H.S. AL MUTLAG t/a Juicepresso
5 years from 01/10/2024
£7,500
16 Campo Lane
Ground
Retail
19.80
(213)
M. SALEH t/a Pink Cosmetic Clinic
2 years from 10/07/2023
£8,000
18-24 Campo Lane
Ground Basement First Second
Office Office Office Office
34.30 28.30 36.80 36.70
(369) (304) (396) (395)
DUTTON RECRUITMENT LIMITED (2)
3 years from 01/03/2025
£30,000
26 A Campo Lane
Ground
Retail
34.27
(368)
D & T FROUD t/a Coffee Shop
2 years from 01/07/2024
£11,025
26 B Campo Lane
Ground Basement
Retail Ancillary
33.12 56.20
(356) (604)
S1 BARBERS LTD t/a Chambers Barbers
3 years from 25/03/2022 (Holding Over)
£12,000
Flat 1 St Peter's Chambers
-
Residential
-
-
INDIVIDUAL
AST from 01/07/2024 until 30/06/2025 at £910 pcm
£10,920
Flat 2 St Peter's Chambers
-
Residentiall
-
-
TWO INDIVIDUALS
AST from 01/07/2024 until 30/06/2025 at £910 pcm
£10,920
Flat 3 St Peter's Chambers
-
Residential
-
-
INDIVIDUAL
AST from 08/07/2024 until 30/06/2025 at £935 pcm
£11,220
Flat 1 Campo Chambers
-
Residential
-
-
TWO INDIVIDUALS
AST from 03/07/2024 until 30/06/2025 at £1,170 pcm
£14,040
Flat 2 Campo Chambers
-
Residential
-
-
TWO INDIVIDUALS
AST from 03/07/2024 until 30/06/2025 at £1,170 pcm
£14,040
Flat 3 Campo Chambers
-
Residential
-
-
TWO INDIVIDUALS
AST from 01/07/2024 until 30/06/2025 at £1,083.33 pcm
£13,000
Total Approximate Commercial Floor Area
354.59
(3,810)
£151,765
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). (2) The tenant is currently fitting out and due to take occupation in the middle of May.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.