Freehold Ground Rent let to an Individual (t/a Premier Tool Hire)
Valuable Reversion in 35 years
Site Area of approx. 0.1 Ha (0.24 Acres)
Well located adjacent to A6178 in popular mixed use area
VAT Free Investment
Lot 55
Auction 25th September 2024
Rent £260 per Annum Exclusive
Status Sold
Price £56,000
Sector Ground Rent
Auction Venue Live Streamed Auction
Property Information
Location
Miles
2 miles north of Sheffield City Centre, 4 miles south-west of Rotherham
Roads
A6178, A6109, M1
Rail
Sheffield Railway Station
Air
Manchester Airport
Situation
The property is situated on the north side of Workshop Road, close to its junction with the A6178 and Bootle Street, some 2 miles north east of Sheffield City Centre. The immediate vicinity comprises a mix of high density residential, light industrial and Sheffield Hallam University buildings.
Tenure
Freehold.
Location
Miles
2 miles north of Sheffield City Centre, 4 miles south-west of Rotherham
Roads
A6178, A6109, M1
Rail
Sheffield Railway Station
Air
Manchester Airport
Situation
The property is situated on the north side of Workshop Road, close to its junction with the A6178 and Bootle Street, some 2 miles north east of Sheffield City Centre. The immediate vicinity comprises a mix of high density residential, light industrial and Sheffield Hallam University buildings.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.1 Ha (0.24 Acres) upon which sits a single storey trade counter and yard.
VAT
VAT is not applicable to this lot.
Description
The property comprises a site of approximately 0.1 Ha (0.24 Acres) upon which sits a single storey trade counter and yard.
VAT
VAT is not applicable to this lot.
Tenancy & Accommodation
Site Area Approx. Ha
Site Area Approx. (Acres)
Tenant
Term
Rent p.a.x.
Reversion
0.1
0.24
INDIVIDUALS trading as PREMIER TOOL HIRE
99 years from 29/09/1964
£260
28/09/2063
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.