Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £150,000
  • Bidding Opens 24/01/2022 13:00

14 Nethershire Lane, Sheffield, South Yorkshire, S5 0QA

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS MONDAY 24TH JANUARY AT 1PM AND CLOSES TUESDAY 25TH JANUARY FROM 1PM. REGISTER TO BID!


Description

An opportunity to purchase this ready made buy to let mixed use investment made up of an apartment to the upper floor and commercial to the lower floors.

Currently the whole building is let to a well established takeaway business and is let on a 15 year agreement commencing on 27th November 2020 for £12,000.00 per annum with a rental increase every 3 years.

The property briefly comprises a storage and preparation area to the lower ground floor(basement), to the ground floor is the shop floor and kitchen area. To the first floor is the one/two bedroom apartment currently being used by the occupiers of the building as storage. Externally the property has rear outside area which is used for parking.

Located on a busy road in Sheffield that sees a lot of foot and vehicle traffic, a short distance from both the City Centre and M1 Motorway.

Lower Ground Floor Preparation Area
Storage Rooms
Ground Floor - Takeaway Kitchen Area
Shop Floor
First Floor - Apartment Open Plan Living Room/Dining Room
Bedroom
Bathroom
External Off Road Parking/Garden

Tenure: See Legal Pack

EPC Rating: D

VAT

VAT is applicable

Buyers Premium

£1200 inc VAT

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Bidding not yet open
Minimum Opening Bid

£150,000


Bidding Opens On
24th Jan 2022 13:00
Scheduled End Date

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* Guide | £150,000
  • Unconditional (Immediate Exchange)

Call the team on 0114 223 0777 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.