£175,000
(£31.07/sq. ft)
Industrial for sale66 Effingham Road, Sheffield S4
5,633 sq. ft
Leasehold
About this property
Three storey office / storage building with connecting workshop with development potential
Long leasehold interests – c.123 years unexpired at nominal ground rents
Located on the corner of Effingham Road and Sussex Street just to the east of Sheffield city centre
Established industrial location
Excellent opportunity for an owner occupier / part occupation / investment
Description
The property comprises a three storey building which has been used as office / storage space with a connecting workshop. The site is on a sloping site. The building was constructed in the mid 20th century.
The three storey section consists of a ground floor / lower ground floor level, which is suited for storage or workshop use. There is a staircase to the workshop from this part. There is another staircase (at the other end of the building) to the upper floors. WC facilities are located at lower ground / ground floor level.
To the ground floor / 1st floor level, is partially refurbished and as two office areas. There access to the rear yard. The 1st floor / 2nd floor is open plan.
The workshop building is of brick construction with steel trusses. There are windows in the side elevation. There is a one-ton crane track with overhead crane in the workshop. Located to the rear of the workshop is a further storage area.
Externally there is a small yard. This has an entrance (personnel door and a roller shutter door from Sussex Street).
Location
The property is situated on Effingham Road, close to its junction with Sussex Street, approximately 1 mile to the east of Sheffield city centre.
The area has a long-established industrial heritage, forming part of the historic Lower Don Valley, the heart of Sheffield's steel and cutlery industries. The character of the area remains predominantly commercial and industrial, and a number of the traditional works buildings along Effingham Road remain. Surrounding occupiers include a mix of workshops, engineering and steel-related businesses, metal recyclers and scrap yards, together with a range of small trade and general industrial uses.
The location benefits from good road communications, with Attercliffe Road close by and the Sheffield Parkway (A57) providing a direct dual-carriageway link to Junction 33 of the M1 motorway. Junction 34 at Meadowhall is also within approximately 4 miles. Sheffield railway station and the city centre are within easy reach.
Rateable Value
We are informed the property has a rateable value of £11,000 and is listed under the address 'Mba Engineering 66, Effingham Road, Sheffield, S4 7YS.' We would encourage interested parties to verify the rates details.
Planning
We understand the property has been used a workshop / light industrial premises (B2/B8 Use) with offices and benefits from an established use. The property may have potential for redevelopment or alternative uses and we would encourage interested parties to seek professional advice.
Tenure
The property is held on two long leasehold titles (SYK95112 and SYK95113), owned by two associated companies. They are to be sold together by way of two separate, inter-conditional contracts. The titles derive from historic ground leases granted by Sheffield City Council (formerly Sheffield Corporation) and the Norfolk Estate, for terms of 195–200 years from 1942–1955. The majority expires in 2149 (c.123 years unexpired), at nominal ground rents.
The sale includes the whole of the land remaining in title SYK95113. This includes the landlord's interest in adjoining plots let on long leases. The property is sold subject to and with the benefit of existing third-party rights, including rights granted to neighbouring owners and an underlease dating from 1951. Copies of the title documents are available on request.
Price
£175,000. VAT status tbc.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.
The property comprises a three storey building which has been used as office / storage space with a connecting workshop. The site is on a sloping site. The building was constructed in the mid 20th century.
The three storey section consists of a ground floor / lower ground floor level, which is suited for storage or workshop use. There is a staircase to the workshop from this part. There is another staircase (at the other end of the building) to the upper floors. WC facilities are located at lower ground / ground floor level.
To the ground floor / 1st floor level, is partially refurbished and as two office areas. There access to the rear yard. The 1st floor / 2nd floor is open plan.
The workshop building is of brick construction with steel trusses. There are windows in the side elevation. There is a one-ton crane track with overhead crane in the workshop. Located to the rear of the workshop is a further storage area.
Externally there is a small yard. This has an entrance (personnel door and a roller shutter door from Sussex Street).
Location
The property is situated on Effingham Road, close to its junction with Sussex Street, approximately 1 mile to the east of Sheffield city centre.
The area has a long-established industrial heritage, forming part of the historic Lower Don Valley, the heart of Sheffield's steel and cutlery industries. The character of the area remains predominantly commercial and industrial, and a number of the traditional works buildings along Effingham Road remain. Surrounding occupiers include a mix of workshops, engineering and steel-related businesses, metal recyclers and scrap yards, together with a range of small trade and general industrial uses.
The location benefits from good road communications, with Attercliffe Road close by and the Sheffield Parkway (A57) providing a direct dual-carriageway link to Junction 33 of the M1 motorway. Junction 34 at Meadowhall is also within approximately 4 miles. Sheffield railway station and the city centre are within easy reach.
Rateable Value
We are informed the property has a rateable value of £11,000 and is listed under the address 'Mba Engineering 66, Effingham Road, Sheffield, S4 7YS.' We would encourage interested parties to verify the rates details.
Planning
We understand the property has been used a workshop / light industrial premises (B2/B8 Use) with offices and benefits from an established use. The property may have potential for redevelopment or alternative uses and we would encourage interested parties to seek professional advice.
Tenure
The property is held on two long leasehold titles (SYK95112 and SYK95113), owned by two associated companies. They are to be sold together by way of two separate, inter-conditional contracts. The titles derive from historic ground leases granted by Sheffield City Council (formerly Sheffield Corporation) and the Norfolk Estate, for terms of 195–200 years from 1942–1955. The majority expires in 2149 (c.123 years unexpired), at nominal ground rents.
The sale includes the whole of the land remaining in title SYK95113. This includes the landlord's interest in adjoining plots let on long leases. The property is sold subject to and with the benefit of existing third-party rights, including rights granted to neighbouring owners and an underlease dating from 1951. Copies of the title documents are available on request.
Price
£175,000. VAT status tbc.
Identity Checks
In order to comply with Anti-Money Laundering Legislation, the successful purchaser will be required to provide certain identification documents. The required documents will be confirmed to and requested from the successful purchaser.
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