4 Bed Apartment House For Sale Netherthorpe Street, Sheffield, S3

Yieldit are pleased to offer to the market this unique, commercial investment opportunity that generates over a 7.9% NET return.\r
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The property offers a wealth of space and finished to high modern standard with a Scandinavian finish throughout and high spec fixtures and fittings. A unique investment opportunity, the space is rented by a fully operational boutique hotel and dining experience by one of Sheffield’s highly regarded restaurant experiences. The operators have signed a 5 year lease on the commercial space on offer, which is fully fitted out and which is available for sale.\r
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The four hotel bedrooms are well proportioned each containing an en suite bathroom, one with an accessible wet room. The reception area is a large kitchen/dining area, which has been designed to showcase JORO’s exclusive chef’s table experience. Occupied by JORO, guests can choose to stay at the development and visit the main JORO restaurant located at Krynkl building in the nearby and trendy Kellam Island or book the chefs table experience here where 8 guests can be hosted by a chef and wind down to stay overnight in one of the four bedrooms.\r
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Sheffield's economy is growing at a rapid rate, and this is causing significant population growth. More and more people are moving to the city every year, and the housing market is under pressure. With both rents and house prices in the city predicted to rise significantly over the next five years, now is the perfect time to get ahead of the game and invest in Sheffield.\r
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For further information please visit:\r

FAQs — JÖRO (jororestaurant.co.uk)

Financial Breakdown

Gross Rent: £28,800.00
Net income: £26,868.59
Gross yield: 8.23%
Net yield: 7.68%
Please contact agent for full financial breakdown.

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

yieldit ref: YL-07419