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Withdrawn Prior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

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Photos
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

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.