60 Brown Street Sheffield South Yorkshire S1 2BS

  • 60 Brown Street<br>Sheffield<br>South Yorkshire<br>S1 2BS

60 Brown Street
Sheffield
South Yorkshire
S1 2BS

Modern Freehold Leisure Investment

  • Modern building located close to Sheffield train station and Sheffield Hallam University
  • Let until 2027
  • Tenant has been in occupation for 15 years
  • Lot
    9
  • Auction
    28th March 2018
  • Rent
    £165,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,610,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Savills Receivers
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Modern Freehold Leisure Investment

  • Modern building located close to Sheffield train station and Sheffield Hallam University
  • Let until 2027
  • Tenant has been in occupation for 15 years
  • Lot 9
  • Auction 28th March 2018
  • Rent £165,000 per Annum Exclusive
  • Status Sold
  • Price £1,610,000
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Savills Receivers

Property Information

Location
Miles
29 miles south of Leeds, 35 miles east of Manchester, 64 miles north of Birmingham
Roads
A61, A57, A630, M1
Rail
Sheffield Railway Station
Air
Manchester Airport, Nottingham East Midlands Airport
Situation

The property is prominently located to the south east of Sheffield city centre, close to Sheffield railway station, Sheffield Hallam University Campus and Sheffield United’s football stadium. Nearby occupiers include a number of small to medium independent businesses.

Tenure

Freehold.

Location
Miles
29 miles south of Leeds, 35 miles east of Manchester, 64 miles north of Birmingham
Roads
A61, A57, A630, M1
Rail
Sheffield Railway Station
Air
Manchester Airport, Nottingham East Midlands Airport
Situation

The property is prominently located to the south east of Sheffield city centre, close to Sheffield railway station, Sheffield Hallam University Campus and Sheffield United’s football stadium. Nearby occupiers include a number of small to medium independent businesses.

Tenure

Freehold.

Description

The property comprises a modern D2 Leisure unit.

Note

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

Completion Period

Six Week Completion

EPC

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

Description

The property comprises a modern D2 Leisure unit.

Note

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

Completion Period

Six Week Completion

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/
(Reversion)
Ground
and
First
Leisure
956 sq m
(10,290 sq ft)
SONFIELD DEVELOPMENTS
LIMITED t/a Spearmint Rhino.
Guaranteed by Spearmint
Rhino Europe UK Limited
25 years from
19/03/2002 on a
full repairing
and insuring
lease
£165,000 19/03/2017
and 5 yearly
(18/03/2027)
Totals
956 sq m
(10,290 sq ft) (1)
    £165,000  

(1) The floor area has been taken from the EPC.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP 1 St Peter's Square
Manchester
M2 3DE
Jason Scott 0161 934 6529jason.scott@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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