Approximately 0.69 hectares (1.70 acres) providing a site coverage of 33%
Established Trade Counter location with good access to the A57
Prominent position within well established Parkway Industrial Estate
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 6
Auction 16th February 2017
Rent £204,813 per Annum Exclusive
Status Withdrawn Post
Price
Sector Trade Counter
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles east of Sheffield City Centre, 30 miles south of Leeds, 35 miles east of Manchester
Roads
A57
Rail
Darnall Railway Station, Sheffield Railway Station
Air
Robin Hood Doncaster Sheffield Airport
Situation
The property is situated off Parkway Drive, accessed off Sheffield Parkway and within close proximity to the Parkway Wholesale Markets and Costco Wholesale. The property is also within two miles of Sheffield City Centre. Other occupiers on the estate include Makro, Booker wholesale, Criterion packaging, and Pentagon Sheffield.
Tenure
Freehold.
Location
Miles
2 miles east of Sheffield City Centre, 30 miles south of Leeds, 35 miles east of Manchester
Roads
A57
Rail
Darnall Railway Station, Sheffield Railway Station
Air
Robin Hood Doncaster Sheffield Airport
Situation
The property is situated off Parkway Drive, accessed off Sheffield Parkway and within close proximity to the Parkway Wholesale Markets and Costco Wholesale. The property is also within two miles of Sheffield City Centre. Other occupiers on the estate include Makro, Booker wholesale, Criterion packaging, and Pentagon Sheffield.
Tenure
Freehold.
Description
The property comprises a substantial industrial building benefiting from an eaves height of approximately 6m/20ft, a mezzanine floor, two vehicle access loading doors, and an extensive yard. The property also has a two storey addition with first floor office accommodation. The total site extends to approximately 0.69 hectares (1.70 acres) with an approximate site coverage of 33%.
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 substantial industrial building benefiting from an eaves height of approximately 6m/20ft, a mezzanine floor, two vehicle access loading doors, and an extensive yard. The property also has a two storey addition with first floor office accommodation. The total site extends to approximately 0.69 hectares (1.70 acres) with an approximate site coverage of 33%.
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
Ground First
Trade Counter Office
2,239.32 sq m 207.95 sq m
(24,104 sq ft) (2,238 sq ft)
M.K.M BUILDING SUPPLIES LIMITED (1)
15 years from 16/03/2007 until 15/03/2022
£204,813 (2)
16/03/2017 (2)
Totals
2,447.27 sq m
(26,342 sq ft)
£204,813
(1) For the year ending 30th September 2015, M.K.M Building Supplies Limited reported a turnover of £251,916,000, pre-tax profits of £16,077,000 and a net worth of £20,222,000. (Source: Riskdisk 10/01/2017) MKM is the UKs largest independent builders merchant, with 47 branches across England and Scotland. (Source: www.mkmbs.co.uk/) (2) The current rent reserved under the terms of the lease is £181,025 per annum exclusive. The lease provides for a fixed increase in rent to £204,813 per annum exclusive on 16/03/2017 .
