Prime Residential and Commercial Investment, The subject site is situated in the city centre of Sheffield, to the south-west of the cross roads between Division Street and Rockingham Street. The site is approximately 1 mile to the west of Sheffield train station., Division House is situated in the heart of an established area of Sheffield city centre that has a number of bars, eateries and retail shops to cater for the student and young professional market. The Sheffield Supertram network is within close proximity, providing excellent city centre connectivity., There is a Sainsbury’s Local and Tesco within a very short walk, together with a range of local, regional and national retail destinations including John Lewis, Pizza Express, BrewDog Sheffield and Gatsby public house., The site currently comprises of a four storey building which has been converted from office to residential accommodation. There is also a basement with car parking facilities. There is vehicular access to the basement off Canning Street to the west of the site. The site is roughly, square in shape. To the north of the site is Division Street, to the west, is Canning Street and to the east of the property is Rockingham Street., To the south is an adjoining property known as Rockingham Court., The Property is held on a Long Leasehold, with a term of 250 years from January 2007 at £500 per annum. The freehold of the property is owned by Sheffield City Council., Excellent location in Sheffield City Centre, Operational 39 studio apartments with 2 commercial units and underground parking, Immediate proximity to a range of City Centre services and amenities, 100% for year 2018/2019, Net Intial Yield of 6.95% assuming purchasers costs of 6.59%, The Property is arranged over 4 floors, and currently comprises 39 studio apartments on the upper floors of Division House together with two ground floor retail units. The upper floors have recently been converted from previous office use. The Property was constructed in the 1970’s as an office block and in 2018 was converted into its present use. The ground floor comprises of two self-contained retail units as well as areas of communal space for the residential accommodation. The first, second and third floor comprises of 13 studio apartments to each floor. The property dates from circa 1970s and is of concrete construction with a flat roof. The windows in Division House have been replaced with metal framed double glazed windows with acoustic glass. The property is set on a roughly square site which i s fairly level. Entrance to the accommodation is from Division Street, to the north-west corner of the site. To the ground floor of the property is a launderette, a mail room and a communal living room. There is a ramp to the basement with 13 allocated spaces for Division House in the basement. The remaining parking spaces in the basement are allocated to the adjacent property, Rockingham Court. There is to be two additional entrances on the ground floor, one to each retail unit from Division Street.