Location- Miles
- 2 miles north-west of Sheffield
- 31 miles south of Leeds
- Roads
- A57, A61, M1 (J34)
- Rail
- Hillsborough Tram
- Air
- Doncaster Sheffield Airport
SituationHillsborough is a popular suburb of Sheffield, approximately 2 miles north-west of Sheffield City Centre, 31 miles south of Leeds and 36 miles southeast 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.
TenureFreehold. Majority Freehold. The entire property is held Freehold save for 20 Middlewood Road and 22 Hawsley Avenue, which are held Leasehold. Please see legal pack for full details.
Location- Miles
- 2 miles north-west of Sheffield
- 31 miles south of Leeds
- Roads
- A57, A61, M1 (J34)
- Rail
- Hillsborough Tram
- Air
- Doncaster Sheffield Airport
SituationHillsborough is a popular suburb of Sheffield, approximately 2 miles north-west of Sheffield City Centre, 31 miles south of Leeds and 36 miles southeast 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.
TenureFreehold. Majority Freehold. The entire property is held Freehold save for 20 Middlewood Road and 22 Hawsley Avenue, which are held Leasehold. Please see legal pack for full details.
DescriptionThe 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 2.22 acres (0.9 ha). The property also benefits from a rooftop customer car park comprising over 100 spaces which is accessed from Procter Place.
Gross Total (including mall entertainment, vending machines, car parking and advertising etc):
Current actual and estimated gross income is £823,379 per annum.
A full tenancy schedule is available within the solicitors legal pack. Retailers include Boots, Superdrug, Wilko, Clintons, Greggs,Home Bargains, The Works, Card Factory, Holland & Barrett and Specsavers, amongst others.Approximately 98% of the floor area is currently let and approximately 90% of total floor area is let to national tenants.
VATVAT is applicable to this lot.
PlanningThe 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).
NoteGross Total (including mall entertainment, vending machines, car parking and advertising etc):
Current actual and estimated gross income is £823,379 per annum.
A full tenancy schedule is available within the solicitors legal pack. Retailers include Boots, Superdrug, Wilko, Clintons, Greggs,Home Bargains, The Works, Card Factory, Holland & Barrett and Specsavers, amongst others. Approximately 98% of the floor area is currently let and approximately 90% of total floor area is let to national tenants.
Completion PeriodSix Week Completion
EPCThe EPC will be available to view online in the solicitor’s legal pack.
