Parkway Drive is within one of Sheffield’s dominant industrial areas, situated 2.2 miles west of Sheffield city centre.
Five terraces of industrial accommodation comprising the majority of Sheffield Wholesale Market. Sheffield Wholesale Market is the city’s principal wholesaling offer for groceries, plants, meat and packaging.
Let to the undoubted covenant of Sheffield City Council with 2.56 years unexpired.
Current passing rent of £268,483 per annum reflecting a low overall rate of £6.65 per sq ft. The rent benefits from annual rent increases linked to RPI uncapped.
Asset Management Highlights
Multiple asset management opportunities including regearing the lease, letting the units individually or selling units to owner occupiers.