S11 Berkeley Centre, Ecclesall Road, Sharrow, Sheffield

Freehold Retail Investment fully let to five tenants, including Tesco and Boots, providing a WAULT to expiry 7.55 years and a WAULT to break of 4.48 years.

Berkeley Centre comprises a convenience-led retail parade anchored by a key food store. The property benefits from onsite parking with dual access from Ecclesall Road. There are 86 car parking spaces providing a car parking ratio of 1:308 sq ft.

The centre provides ground floor retail space with residential accommodation on the upper floors (sold off on a long leasehold). All retail units are traded over the ground floor and are serviced to the rear of the property, except Tesco who occupy the ground and first floor.

Rare opportunity to acquire a prominent retail parade convenience-led retail parade on Ecclesall Road.

Ecclesall Road is a premier shopping destination, with local retailers including M&S, Nando's, Pizza Express, Waitrose, Oliver Bonas and Starbucks.

Established national operators with convenience-led footfall underpinned by Tesco with new reversionary lease until 2036.

Total income of £567,853 per annum reflecting a low and reversionary rent of £21.41 per

26,517 sq ft (NIA) arranged over ground and part first floor.

The property is well located on Ecclesall Road (A625), one of the main roads providing access to the city centre. It is situated 1.5 miles south west of the centre in the suburb of Ecclesall, home to affluent families and students. The road is regarded as a strong retail and leisure pitch outside of the core city centre.

The property is situated in the central hub of Ecclesall Road nearby to Sheffield Hallam University's Collegiate Campus, Sheffield Botanical Gardens and Endcliffe Park. National occupiers on Ecclesall Road include M&S, Oliver Bonas, Waitrose, Starbucks, Mowgli, Nandos, Pizza Express, Tesco, Boots, Costa and Futon Company. Notable local retailers include Arnold & Co and Say Paloma.

The subject food store is the primary foodstore on Ecclesall Road, offering the largest private car park.

Rental Income £567,853 pa

site area 1.75 acres