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Industrial Development for sale

Sagitta Works, Carlisle Street, Sheffield, S4

Guide Price* <0.1 ha. | £100,000

Property Description

Commercial information

  • 0.22 acres (0.09 hectares)

Key features

  • Prominent warehouse with trade counter
  • Prominent corner plot of 0.09 hectares (0.22 acres)
  • Leasehold for 99 years from 1952
  • Approximately 453 square metres of accommodation (4,874 square feet)
  • Income from Electricity Sub-station
  • Potential for a variety of uses (STC)

Full description

Warehouse and Trade Centre approximately 377 square metres (4,056 square feet)
Workshop 76 square metres (817 square feet)

Tenure
The property is leasehold for 99 years from 25 March 1952 at a fixed ground rent of £80 per annum

Tenancies
The Sub-station is held by way of a 20 year Underlease from 28 July 2001 with five yearly rent reviews and a current rent of £678.60 per annum

Rateable Value
The property is listed as "Warehouse and Premises" in the current Valuation List with a rateable value of £17,000
2017 draft valuation is stated as £14,250

Viewing

By appointment with the Auctioneers 0114 276 0151

EPC Text

A full copy of the EPC will be available to view via our website
EPC RATING D

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.


Map & Street View

Disclaimer - Property reference 41846. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mark Jenkinson and son, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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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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