Sheffield's Spearmint Rhino comes to market at £1.7million

10 August 2016

International real estate advisor Savills, on behalf of a private client, has brought to market Spearmint Rhino on Brown Street in Sheffield for a guide price of £1.7 million.

The property is let to Sonfield Development Limited at a rent of £165,000 per year.  The lease is guaranteed by Spearmint Rhino UK Ltd with circa 10 years remaining.  Located in Sheffield city centre, the building is close to numerous other leisure operators including The Leadmill, The Howard and the Sheffield Hallam University Student’s Union.

Pete Scholes, surveyor in the licensed leisure team at Savills, comments: “This established city centre business offers a good rental income and we therefore expect it to generate significant interest among potential investors.”

 

 
 

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