40-50 Castle Square, Sheffield, South Yorkshire S1 2GF

A landmark Sheffield building forming a familiar sight when approaching the city centre from Park Square roundabout and exceptionally well located for Sheffield Hallam University and comprehensive facilities including Supertram, the Railway Station and Ponds Forge International Sports Centre. The Freehold building offers accommodation over 6 levels and benefits from planning for the creation of 21 apartments to the upper floors leaving the existing ground and lower ground floor commercial as income producing. There are 17 one bedroom apartments and 4 two bedroom in addition to the creation of a roof garden. 4 of the 5 Commercial units are let, producing an overall annual income of £61,000 + VAT pa, in addition to service charges of £5,800 + VAT pa with an overall potential income when fully let in excess of £75,000. The immediate vicinity is seeing a number of development projects under way, including nearby Canada House as a regional music educational hub and Commercial House also as residential. The sale includes Esperanto Place at the rear where there are car parking spaces and a planning applicated submitted for gated access Accommodation Ground Floor & Lower Ground Floor Commercial50 Castle Square - Sales shop 48 Castle Square - Sales Shop 46 Castle Square - Restaurant 44 Castle Square - Sales Shop 42 Castle Square - Sales ShopFirst Floor - Proposed - 6 Flats (5 one bed an…

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