Major City Centre location close to Sheffield Hallam University
Entirely let until September 2035 (subject to option)
Potential to Convert Upper Parts to Residential (subject to consents)
Nearby occupiers include Primark, Premier Inn, Wilko and Co-operative Food
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 46
Auction 30th March 2017
Rent £42,500 per Annum Exclusive
Status Sold
Price £430,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
38 miles east of Manchester, 38 miles north of Nottingham, 39 miles south of Leeds
Roads
A57, A61, M1
Rail
Sheffield Rail Station
Air
Manchester Airport
Situation
Haymarket is a prominent shopping thoroughfare in Sheffield City Centre. The property is situated on the western side, close to its junction with King Street. Nearby occupiers include Primark, Premier Inn, Wilko and Co-operative Food, with Sheffield Hallam University also in close proximity.
Tenure
Freehold.
Location
Miles
38 miles east of Manchester, 38 miles north of Nottingham, 39 miles south of Leeds
Roads
A57, A61, M1
Rail
Sheffield Rail Station
Air
Manchester Airport
Situation
Haymarket is a prominent shopping thoroughfare in Sheffield City Centre. The property is situated on the western side, close to its junction with King Street. Nearby occupiers include Primark, Premier Inn, Wilko and Co-operative Food, with Sheffield Hallam University also in close proximity.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit currently trading as an adult gaming centre with ancillary accommodation on first, second and third floors.
VAT
VAT is applicable to this lot.
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 ground floor retail unit currently trading as an adult gaming centre with ancillary accommodation on first, second and third floors.
VAT
VAT is applicable to this lot.
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
First Second Third
Adult Gaming Centre Ancillary Ancillary Ancillary
119.00 sq m
96.00 sq m 75.00 sq m 88.00 sq m
(1,281 sq ft)
(1,033 sq ft) (807 sq ft) (947 sq ft)
S.A.L HOLDINGS LIMITED t/a Golden Touch Amusements (1)
20 years from 28/09/2015 (2)
£42,500
28/09/2020 and 5 yearly (27/09/2035)
Total
378.00 sq m
(4,068 sq ft)
£42,500
(1) Golden Touch Amusements offer a premier gaming experience with over 10 venues in the UK (Source: www.goldentouch.uk.com 21/02/2017). (2) The lease provides a tenant option to determine on 28/09/2022 and 28/09/2029 subject to 6 months’ written notice.
