Building Two, Europa View, Sheffield Business Park S9 1XH
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£1,575,000
Jul 2024
NorthCap have successfully sold an out of town office building located at Sheffield Business Park on behalf of The Canal and River Trust.
The self contained office comprised 20,312 sq ft and was let in its entirety to Fulcrum Infrastructure Services Ltd, by way of an FRI lease expiring in June 2026 with a passing rent of £259,000 pa.
The property sold for £1,575,000 which reflects a net initial yield of 15.5%.
The buyer, a private property company, was advised by Jonathan Brown at ID Real Estate.
