The Stock Building Joiner Street Sheffield South Yorkshire S3 8GW

The Stock Building
Joiner Street
Sheffield
South Yorkshire
S3 8GW

Office Investment/ Redevelopment Opportunity (subject to consents) with Majority Vacant Possession

Suitable for owner occupation
Active management opportunity
Residential redevelopment potential (subject to consents)
Riverside Quarter and Wicker Riverside Developments and West Bar Scheme are located nearby
Eight Week Completion Period Available

Lot
49
Auction
24th May 2012
Rent
£24,600 per Annum Exclusive
Status
Sold
Price
£180,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of Joint LPA Receivers

Interested?

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Office Investment/ Redevelopment Opportunity (subject to consents) with Majority Vacant Possession

Suitable for owner occupation
Active management opportunity
Residential redevelopment potential (subject to consents)
Riverside Quarter and Wicker Riverside Developments and West Bar Scheme are located nearby
Eight Week Completion Period Available

Lot 49
Auction 24th May 2012
Rent £24,600 per Annum Exclusive
Status Sold
Price £180,000
Sector
Office
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of Joint LPA Receivers

Property Information

Location

Miles: 0.5 miles north of Sheffield city centre, 10 miles south-west of Rotherham, 15 miles north-east of The Peak District National Park
Roads: A57, A61, M1 (Junction 34)
Rail: Sheffield Rail Station (Direct to London St Pancras; International – 2 hours and 8 minutes)
Air: Manchester International Airport

Situation

Joiner Street is situated to the north-east of Sheffield city centre almost adjacent to the River Don. The new Sheffield Inner Relief Road (A61) is situated a short distance to the north. The immediate vicinity benefits from The Riverside Quarter, Wicker Riverside and West Bar new office and residential developments. Nearby occupiers include the New Testament Church, Sheffield Law Centre, BakerBlower Engineering and Sheffield Testing Laboratories.

Tenure

Long Leasehold. Held for a term of 197 years from 25th March 1936 until 25th March 2133 at a fixed rent of £7 per annum exclusive

Location

Miles: 0.5 miles north of Sheffield city centre, 10 miles south-west of Rotherham, 15 miles north-east of The Peak District National Park
Roads: A57, A61, M1 (Junction 34)
Rail: Sheffield Rail Station (Direct to London St Pancras; International – 2 hours and 8 minutes)
Air: Manchester International Airport

Situation

Tenure

Long Leasehold. Held for a term of 197 years from 25th March 1936 until 25th March 2133 at a fixed rent of £7 per annum exclusive

Description

The property comprises a five storey office building with three car parking spaces. The property benefits from a ground floor A3 retail unit fronting Joiner Street.

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 LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.

VAT

VAT is applicable to this lot.

EPC

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

Description

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
Ground First Second	Retail Office Office	62.43 sq m 178.00 sq m 178.10 sq m	(672 sq ft) (1,916 sq ft) (1,917 sq ft)	VACANT POSSESSION
Third	Office	190.45 sq m	(2,050 sq ft)	SWANKE HAYDEN CONNELLINTERNATIONAL LIMITED (1)	5 years from 24/07/2009	£24,600
Fourth	Office	190.45 sq m	(2,050 sq ft)	VACANT POSSESSION
Totals		799.43 sq m	(8,605 sq ft)			£24,600