517A Manchester Road Stocksbridge Sheffield South Yorkshire S36 1DH

  • 517A Manchester Road<br>Stocksbridge<br>Sheffield<br>South Yorkshire<br>S36 1DH

517A Manchester Road
Stocksbridge
Sheffield
South Yorkshire
S36 1DH

Freehold Retail Investment

  • Entirely let to National Co-Operative Chemists Limited (t/a Co-Operative Pharmacy) until 2020 (subject to option)
  • 200 metres from proposed £42 million Fox Valley mixed use development
  • Nearby occupiers include Ladbrokes, HSBC, The Local Off Licence and Original Factory Shop
  • Six Week Completion
  • Lot
    33
  • Auction
    13th February 2014
  • Rent
    £7,750 per Annum Exclusive
  • Status
    Sold
  • Price
    £80,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators
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Freehold Retail Investment

  • Entirely let to National Co-Operative Chemists Limited (t/a Co-Operative Pharmacy) until 2020 (subject to option)
  • 200 metres from proposed £42 million Fox Valley mixed use development
  • Nearby occupiers include Ladbrokes, HSBC, The Local Off Licence and Original Factory Shop
  • Six Week Completion
  • Lot 33
  • Auction 13th February 2014
  • Rent £7,750 per Annum Exclusive
  • Status Sold
  • Price £80,000
  • Sector
    Medical Centre/Doctors, Healthcare
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Administrators

Property Information

Location
Miles
10 miles north of Sheffield, 22 miles west of Doncaster, 30 miles east of Manchester
Roads
A616, A629, M1 (Jct 36)
Rail
Penistone Rail
Air
Sheffield City Airport, Robin Hood Doncaster Airport
Situation

The property is situated on the southern side of Manchester Road (B6088) within Stocksbridge town centre. Nearby occupiers include Ladbrokes, HSBC, Co-Op Supermarket, The Local Off Licence and The Original Factory Shop.
The property lies approximately 200 metres from the £42 million Fox Valley mixed use development which will provide a 63,000 sq ft Tesco, retail units, café and restaurant units, office space and 635 customer car parking spaces. Further information is available at www.dransfield.co.uk

Tenure

Freehold.

Location
Miles
10 miles north of Sheffield, 22 miles west of Doncaster, 30 miles east of Manchester
Roads
A616, A629, M1 (Jct 36)
Rail
Penistone Rail
Air
Sheffield City Airport, Robin Hood Doncaster Airport
Situation

The property is situated on the southern side of Manchester Road (B6088) within Stocksbridge town centre. Nearby occupiers include Ladbrokes, HSBC, Co-Op Supermarket, The Local Off Licence and The Original Factory Shop.
The property lies approximately 200 metres from the £42 million Fox Valley mixed use development which will provide a 63,000 sq ft Tesco, retail units, café and restaurant units, office space and 635 customer car parking spaces. Further information is available at www.dransfield.co.uk

Tenure

Freehold.

Description

The property comprises a ground floor retail unit.

Note
This property is being marketed for sale on behalf of the Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit.

Note
This property is being marketed for sale on behalf of the Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground Retail
80.20 sq m
(863 sq ft)
 NATIONAL CO-OPERATIVE CHEMISTS LIMITED (t/a Co-Operative Pharmacy) (1) 15 years from 11/07/2005 until 11/07/2020 on a full repairing and insuring lease (2) £7,750 17/10/2014
Totals
80.20 sq m
(863 sq ft)
     £7,750

(1) Co-Operative Pharmacy is the third largest pharmacy chain in the UK, and the largest one in Wales, operating through 774 branches (Source: www.co-operativepharmacy.co.uk 13/01/2014)
(2)The lease provides a tenant option to determine on the tenth anniversary of the lease. A 2010 tenant option to determine was not exercised.

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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