17 Haymarket
Sheffield
South Yorkshire
S1 2AW

Freehold Retail Investment

  • Predominantly let to Jennings Racing Limited
  • December 2018 rent review outstanding
  • Close to Argos, Heron Foods, Wilko, Savers, Co-op Food supermarket and B&M Bargains
  • Excellent bus and tram communications
  • Central city centre location
  • Lot
    38
  • Auction
    14/Feb/2019
  • Rent
    £25,400 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • 17 Haymarket<br>Sheffield<br>South Yorkshire<br>S1 2AW
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  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
38 miles east of Manchester
39 miles south of Leeds
Roads
A57, A61, M1
Rail
Sheffield Railway Station
Air
Robin Hood Doncaster/Sheffield Airport
Situation

The property is prominently situated on the western side of Haymarket, opposite Dixon Lane, in the heart of Sheffield city centre. Nearby occupiers include Heron Foods, Wilko, Savers, Co-op Food supermarket and B&M Bargains. The property benefits from excellent tram and bus links.

Tenure

Freehold.

Description

The property comprises a betting shop arranged on the ground floor and basement with residential accommodation above which has been let on a long lease.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
Ground
Basement
Retail/Ancillary
Ancillary
95.49 sq m
9.99 sq m
(1,028 sq ft)
(108 sq ft)
JENNINGS
RACING LIMITED
(1)
10 years from
23/12/2013 (2)
£25,00023/12/2018 (3)
First/SecondResidential
-
(-)
NASEEM HAMED
ENTERPRISES
LIMITED
125 years from
08/01/2016
£400-
Total Commercial Area
105.48 sq m
(1,136 sq ft)
  £25,400 

(1) Founded in 1961, Jenningsbet is the UK’s largest independent retail bookmaker with over 100 locations in the UK (Source: www.jenningsbet.com 07/01/2019).
(2) There is a tenant option to determine the lease on 22nd December 2019 subject to six months’ notice.
(3) The rent review dated 23/12/2018 is outstanding and has not yet been exercised.

Property Documents

  • Catalogue Page
    Updated Date
    22.01.19
    File Size
    558 KB
    View PDF
  • Site Plan
    Updated Date
    22.01.19
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    15.08.19
    File Size
    144 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Solomon Taylor & Shaw 3 Coach House Yard, Hampstead High Street
London
UNITED KINGDOM
NW3 1QF
Maurice Esterkin 020 7317 8695maurice@solts.co.uk

Useful Links

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