Includes a African food shop, a hairdresser, a piercing & jewellery shop and a bookshop
Popular thoroughfare behind Marks & Spencer
Other nearby occupiers include H&M, Superdrug, WHSmith, Caffé Nero, Boots the Chemist, McDonalds and soon to open Tesco Express
Lot 24
Auction 16th February 2023
Rent £52,800 per Annum Exclusive
Status Sold
Price £375,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
33 miles south of Leeds, 38 miles east of Manchester
Roads
A57, A61, A631, M1
Rail
Sheffield Railway Station
Air
Sheffield Robin Hood Airport, Manchester International Airport
Situation
The property is situated on Chapel Walk between the eastern side of the prime pedestrianised retail thoroughfare of Fargate and the west side of Norfolk Street, opposite the Crucible Theatre. Nearby occupiers include Marks & Spencer, H&M, Superdrug, WHSmith, Caffé Nero, Boots the Chemist, McDonalds and a soon to open Tesco Express.
Tenure
Long Leasehold. for a term of 250 years from 06/08/2018 at a peppercorn rent.
Location
Miles
33 miles south of Leeds, 38 miles east of Manchester
Roads
A57, A61, A631, M1
Rail
Sheffield Railway Station
Air
Sheffield Robin Hood Airport, Manchester International Airport
Situation
The property is situated on Chapel Walk between the eastern side of the prime pedestrianised retail thoroughfare of Fargate and the west side of Norfolk Street, opposite the Crucible Theatre. Nearby occupiers include Marks & Spencer, H&M, Superdrug, WHSmith, Caffé Nero, Boots the Chemist, McDonalds and a soon to open Tesco Express.
Tenure
Long Leasehold. for a term of 250 years from 06/08/2018 at a peppercorn rent.
Description
The property comprises 5 shops each comprising retail accommodation on the ground floor only, except for 30 Chapel Walk which comprises a ground and first floor shop. In addition, there is vacant accommodation, with a separate entrance to the rear of the property arranged on the ground floor and basement.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack
Description
The property comprises 5 shops each comprising retail accommodation on the ground floor only, except for 30 Chapel Walk which comprises a ground and first floor shop. In addition, there is vacant accommodation, with a separate entrance to the rear of the property arranged on the ground floor and basement.
(1) The lease is subject to a mutual option to determine on or after 06/10/2025 (2) www.zaonmart.co.uk - An independent African supermarket that offers delivery service all across the UK (3) www.silverliningstore.com - an independent Jewellers that have been trading for over 20 years and currently trade in over 7 locations across the UK . The lease is subject to a tenant only option to determine on or after 30/06/2025 (4) www.junobooks.co.uk - An independent bookshop (5) www.blacktourmaline.co.uk - Fluffy Alternative Fashion is an independent clothes shop specialising in alternative fashion
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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