4 bedroom apartment

Boutique Hotel, Palatine Gardens, Roscoe Road, Sheffield, Yorkshire, S3 7DZ

Size: sqm

Purchase price

£350,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £28,800
Ground rent £250
Service charge £963
Net income £27,587
Gross yield 8.23%
Net yield 7.88%

Yieldit are pleased to offer to the market this unique, commercial investment opportunity that generates over a 7.9% NET return.

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.

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.

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.


For further information please visit:
https://www.telegraph.co.uk/travel/destinations/europe/united-kingdom/england/yorkshire/sheffield/hotels/house-of-joro-hotel/
FAQs — JÖRO (jororestaurant.co.uk)

ATTENTION INVESTORS! Unique investment opportunity available with a fantastic high 7.88% Net yield!

Interested in this property? Enquire today for more information

Key features

Key features

Unique Long Term Investment Oppurtunity

Key features

Award Winning Restaurant Operator

Key features

Commerical property with Boutique Hotel tenant

Key features

Developed To a High Modern Standard

Key features

Scandinavian Decor

Key features

Fantastic NET return

Key features

Featured In The Michelin Guide

Key features

Great Location

ATTENTION INVESTORS! Unique investment opportunity available with a fantastic high 7.88% Net yield! More info...

Yieldit are pleased to offer to the market this unique, commercial investment opportunity that generates over a 7.9% NET return.

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.

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.

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.


For further information please visit:
https://www.telegraph.co.uk/travel/destinations/europe/united-kingdom/england/yorkshire/sheffield/hotels/house-of-joro-hotel/
FAQs — JÖRO (jororestaurant.co.uk)

  • Key features
    Tick Desktop Unique Long Term Investment Oppurtunity
    Tick Desktop Award Winning Restaurant Operator
    Tick Desktop Commerical property with Boutique Hotel tenant
    Tick Desktop Developed To a High Modern Standard
    Tick Desktop Scandinavian Decor
    Tick Desktop Fantastic NET return
    Tick Desktop Featured In The Michelin Guide
    Tick Desktop Great Location
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £28,800
Ground rent £250
Service charge £963
Net income £27,587
Gross yield 8.23%
Net yield 7.88%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.