Office Investment/ Redevelopment Opportunity (subject to consents) with Majority Vacant Possession
Suitable for owner occupation
Active management opportunity
Residential redevelopment potential (subject to consents)
Riverside Quarter and Wicker Riverside Developments and West Bar Scheme are located nearby
Eight Week Completion Period Available
Lot 49
Auction 24th May 2012
Rent £24,600 per Annum Exclusive
Status Sold
Price £180,000
Sector Office
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
On behalf of Joint LPA Receivers
Property Information
Location
Miles
0.5 miles north of Sheffield city centre, 10 miles south-west of Rotherham, 15 miles north-east of The Peak District National Park
Roads
A57, A61, M1 (Junction 34)
Rail
Sheffield Rail Station (Direct to London St Pancras
International – 2 hours and 8 minutes)
Air
Manchester International Airport
Situation
Joiner Street is situated to the north-east of Sheffield city centre almost adjacent to the River Don. The new Sheffield Inner Relief Road (A61) is situated a short distance to the north. The immediate vicinity benefits from The Riverside Quarter, Wicker Riverside and West Bar new office and residential developments. Nearby occupiers include the New Testament Church, Sheffield Law Centre, BakerBlower Engineering and Sheffield Testing Laboratories.
Tenure
Long Leasehold. Held for a term of 197 years from 25th March 1936
until 25th March 2133 at a fixed rent of £7 per annum exclusive
Location
Miles
0.5 miles north of Sheffield city centre, 10 miles south-west of Rotherham, 15 miles north-east of The Peak District National Park
Roads
A57, A61, M1 (Junction 34)
Rail
Sheffield Rail Station (Direct to London St Pancras
International – 2 hours and 8 minutes)
Air
Manchester International Airport
Situation
Joiner Street is situated to the north-east of Sheffield city centre almost adjacent to the River Don. The new Sheffield Inner Relief Road (A61) is situated a short distance to the north. The immediate vicinity benefits from The Riverside Quarter, Wicker Riverside and West Bar new office and residential developments. Nearby occupiers include the New Testament Church, Sheffield Law Centre, BakerBlower Engineering and Sheffield Testing Laboratories.
Tenure
Long Leasehold. Held for a term of 197 years from 25th March 1936
until 25th March 2133 at a fixed rent of £7 per annum exclusive
Description
The property comprises a five storey office building with three car parking spaces. The property benefits from a ground floor A3 retail unit fronting Joiner Street.
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 LPA Receivers are not bound to accept the highest or any offer and are acting 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 five storey office building with three car parking spaces. The property benefits from a ground floor A3 retail unit fronting Joiner Street.
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 LPA Receivers are not bound to accept the highest or any offer and are acting 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.
