60 Brown Street
Sheffield
South Yorkshire
S1 2BS

Modern Freehold Leisure Investment

  • Modern building located close to Sheffield train station and Sheffield Hallam University
  • Let until 2027
  • Tenant has been in occupation for 15 years
  • Lot
    9
  • Auction
    28/Mar/2018
  • Rent
    £165,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £1,610,000
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Savills Receivers
Important Property Update
  • 60 Brown Street<br>Sheffield<br>South Yorkshire<br>S1 2BS
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  • Map

Property Information

Location
Miles
29 miles south of Leeds, 35 miles east of Manchester, 64 miles north of Birmingham
Roads
A61, A57, A630, M1
Rail
Sheffield Railway Station
Air
Manchester Airport, Nottingham East Midlands Airport
Situation

The property is prominently located to the south east of Sheffield city centre, close to Sheffield railway station, Sheffield Hallam University Campus and Sheffield United’s football stadium. Nearby occupiers include a number of small to medium independent businesses.

Tenure

Freehold.

Description

The property comprises a modern D2 Leisure unit.

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 information in these particulars has been provided by the joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

Bidder's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
Ground
and
First
Leisure
956 sq m
(10,290 sq ft)
SONFIELD DEVELOPMENTS
LIMITED t/a Spearmint Rhino.
Guaranteed by Spearmint
Rhino Europe UK Limited
25 years from
19/03/2002 on a
full repairing
and insuring
lease
£165,00019/03/2017
and 5 yearly
(18/03/2027)
Totals
956 sq m
(10,290 sq ft) (1)
  £165,000 

(1) The floor area has been taken from the EPC.

Property Documents

  • Catalogue Page
    Updated Date
    06.03.18
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    06.03.18
    File Size
    1,019 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP 1 St Peter's Square
Manchester
M2 3DE
Jason Scott 0161 934 6529jason.scott@addleshawgoddard.com

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