Shop for saleLongley Avenue West, Sheffield, S5
Guide Price* 49 sq. m. | £15,000
- 530 sq ft (49 sq m)
- Two storey inner terrace
- Comprises ground floor former sales shop with accommodation above
- 125 year long leasehold disposal - £100 per annum rent
- In need of complete renovation
- Potential for owner occupation or investment
On Instructions from Sheffield City Council (Logo)
With the property in need of renovation, the property is being offered on an agreement to lease subject to completion of a schedule of improvement works as provided by Sheffield City Council
The use of the property will prohibit alcohol sales or betting office use and both the property and land, are to only provide accommodation as existed previously, ground floor use and one residential unit to the upper parts
The property has not been inspected internally and the following is taken from the Valuation Office website
Retail 27 square metres
Internal Storage 12.80 square metres
Preparation Room 9.50 square metres
Total: 49.30 square metres
Rear area with access off Musgrove Crescent and Shirecliffe Road
The property is listed as "Shop and Premises" in the current Rating List with a rateable value of £1,900
Prospective purchasers should note that the Conditions of Sale for this lot include a requirement that the Purchaser pay the Council's legal and Surveyor's costs in addition to the price bid based on 3% of the price paid subject to a minimum of £500
External inspection only
A full copy of the EPC will be available to view via our website
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve (see below). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: This is the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Mark Jenkinson and son, Auctions on 0114 276 0151.
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