Unit U1 Sheffield Business Park, Europa View, Sheffield S9 1XH

Sheffield, S9 1XZ

Sold
Unit U1 Sheffield Business Park, Europa View, Sheffield S9 1XH
Price £1,850,000
Rent (pa) £200,000
Yield 10.18%

Investment Summary

  • High yielding, single let headquarter office building
  • Established commercial location to the northeast of Sheffield City Centre with excellent connectivity, located nearby to M1 Motorway
  • Total net internal area of 17,297 sq ft
  • Let to Transaction Network Services (UK) Limited
  • Transaction Network Services is a leading provider of data communications and interoperability solutions for the payments industry. Their latest accounts show net assets of £24,500,000
  • 10 year lease term expiring 11th March 2025 (c. 2.75 years to expiry)
  • Current passing rent of £200,000 per annum (£11.56 psf)
  • Freehold
  • Offers in excess of £1,850,000 (STC)
  • Net Initial Yield - 10.18%
  • Capital Value - £107 psf
Town Sheffield
Postcode S9 1XZ
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