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 14th February 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Status Withdrawn Prior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
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.
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.
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
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
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)
£25,000
23/12/2018 (3)
First/Second
Residential
-
(-)
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.
