17 Haymarket
Sheffield
South Yorkshire
S1 2AW

Freehold Retail and Residential Ground Rent Investment

  • Shop let to BoyleSports UK Limited on assignment from Jennings Racing Limited
  • December 2018 break clause not exercised
  • Rental increase at Rent Review in December 2018
  • 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
    43
  • Auction
    12/Feb/2020
  • Rent
    £28,400 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
Important Auction & Property Update
  • 17 Haymarket<br>Sheffield<br>South Yorkshire<br>S1 2AW
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* 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 the part-pedestrianised Dixon Lane, in the heart of Sheffield city centre. The property is opposite B&M Bargains and Wilko, with other nearby retailers including Argos, Heron Foods, Co-op Food, Savers and Subway. 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.

Completion Period

Six Week Completion

EPC

Band C (shop). See legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x
Ground
Basement
Retail/Ancillary
Ancillary
95.49 sq m
9.99 sq m
(1,028 sq ft)
(108 sq ft)
BOYLESPORTS UK
LIMITED (1)
10 years from
23/12/2013
£28,000
First/SecondResidential
-
(-)
NASEEM HAMED
ENTERPRISES
LIMITED
125 years from
08/01/2016
£400
Total
105.48 sq m
(1,136 sq ft)
  28,400

(1) BoyleSports is the largest and most successful independently-owned bookmaker in Ireland.
Founded in 1989, the business has grown to over 250 shops in Ireland, the UK and a range of other international markets
(source: boylesports.com 15/01/2020).

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    22.01.20
    File Size
    564 KB
    View PDF
  • Site Plan
    Updated Date
    22.01.20
    File Size
    495 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    15.09.20
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@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  Barry Shaw 0207 317 8679barry@solts.co.uk

Useful Links

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