SHEFFIELD, NCP CAR PARK BLONK STREET SOUTH YORKSHIRE S1 2AB

Sheffield is Englands fourth largest city and the commercial, administrative and retail centre for South Yorkshire.
The investment comprises a well located city centre multi storey car-park.
The property is held on a long lease with an unexpired term of approximately 52.75 years at a peppercorn rent.
The property is sub underlet to Wellbay Investments Ltd on assignment from NCP on a co-terminus FRI lease less 6 days. The lease is subject to 7 yearly upward only reviews to open market rent.
The current passing rent is £78,400 pa.
Offers sought in excess of £1,100,000 reflecting an attractive net initial yield of 6.73% allowing for usual purchasers costs of 5.85%.