Commercial property for sale in Crookes Road, Sheffield S10

Guide price £500,000
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Commercial property for sale

Property features

  • Sutton Kersh Are Pleased To Offer For Sale By Public Auction On : Thursday, 04 April 2024 at 12:00 pm
  • Virtual Livestream Online Auction
  • Lot Number : 25
  • Commercial Investment
  • Freehold
  • £500,000 +

Property description

A commercial investment opportunity comprising of a prominent parade of 4 retail units together with a motor repair shop, which are occupied by three tenants at present currently producing a collective income of £37,500 per annum.

Situated
Fronting Crookes Road with Turner Lane to the Rear which in turn is off A57 in a popular location close to local amenities, central hospitals, schooling and transport links.

2 Crookes Road
Ground Floor - Approximately 73 sq.m
First Floor - Lounge, Kitchen and Bathroom
Second Floor - 2 Further rooms
Let by way of a 10 year lease commencing 2018 producing £16,000 per annum
R.V. £9,700

4 Crookes Road
Ground Floor - Approximately 34 sq.m
First Floor - Number of rooms
Second Floor - Attic rooms
Vacant
R.V.£9,100 plus £3,550 for the rooms above and over No 8.

6 and 8 Crookes Road
Fontage Hair & Beauty
Ground Floor - Approximately 88 sq.m
Let by way of a 10 year lease commencing 5th May 2023 producing £15,000 per annum with a break date 5th May 2028
R.V. £14,250

Garage premises at Turners Lane
Ground Floor - Approximately 83 sq.m
First Floor - Approximately 66 sq.m
Hard Standing - Approximately 170 sq.m
Let by way of a 10 year lease commencing 2007 producing £6,500 per annum
R.V.£6,200

EPC Rating
No.2 - D
No.4 - G
No.6-8 - C

get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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For more information about this property, please contact
Sutton Kersh - Auctions, L3 on +44 151 382 0018 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sutton Kersh - Auctions, and do not constitute property particulars. Please contact Sutton Kersh - Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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