Next auction Thursday 25th April 2.30PM

7-9 Station Road, Chapeltown, Sheffield, S35 2XE



Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Sold
£90,000
Guide price

£95,000+


Property Type

Commercial


Key Features

  • A commercial investment property measuring a total of circa 930 sq ft in Chapeltown town centre
  • Nail, beauty and tanning studio at ground floor, hair salon at first floor producing £8,400 pa
  • Ideal opportunity for investors

Part of the 12 December 2019 auction
Nottingham Racecourse at 2.30PM

Two storey semi-detached commercial investment property measuring circa 930 sq ft over ground and first floor in Chapeltown, Sheffield

  • Two storey commercial property
  • Located amongst a row of shops opposite Asda Supermarket
  • Arranged over ground and first floor
  • Entire property let to Nail and Tanning salon
  • Nail and tanning salon at ground floor let at £8,400 pa
  • Hairdressers located at first floor - sublease
  • GF: 592 sq ft (Source VOA)
  • GF: Nail salon, treatment/tanning rooms, kitchenette, w/c
  • FF: 338 sq ft (Source VOA)
  • FF: Open plan hairdressers
  • Total annual rental income: £8,400 pa
  • Full tenancy details to be made available in legal pack
  • Small courtyard to rear of property

FINAL viewing date: Thursday 5th December at 12.30pm

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Leasehold for a term of 99 years from 25 March 1979 (ground rent: £25 pa) subject to a lease of the entire property at £8,400 pa

TBC

Email: bh2@footanstey.com
Telephone: 0117 9154976

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