Ground Rents at Birley Spa Lane, Sheffield, South Yorkshire S12 4BQ
- SIZE
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- SECTOR
Commercial property for sale
Key features
- Auction: 24.03.2026 10:00
- Leasehold Ground rents secured to 43 houses built in the late 1990s
- 125 year ground leases with rents of £50 and £75pa
- Gross income £2,825 - Net £1,825pa
- EPC Rating: NA
Description
For sale by Auction on 24 March 2026.
A portfolio of Leasehold ground rents secured to 43 houses built by North Homes in the late 1990s and located to the east of Sheffield . The properties are held on 125 years ground leases from the 27th March 1997 with 31 of the ground rents at £75pa and 12 at £50 pa, giving an overall gross income of £2,825pa. The Freehold is with Sheffield City Council and an annual ground rent of £1,000 is paid, giving an net annual income of £1,825pa.
Tenure: Leasehold
EPC Rating: NA
Terms:
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Fixed Buyer’s Fee of £900 inc vat.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Brochures
Ground Rents at Birley Spa Lane, Sheffield, South Yorkshire S12 4BQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Donetsk Tram Stop0.4 miles
- Hackenthorpe Tram Stop0.4 miles
- Moss Way Tram Stop0.7 miles
Notes
Disclaimer - Property reference 202602111516sq_m2ws. 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 BTG Eddisons Property Auctions, Commercial Nationwide. 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.
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 BTG Eddisons Property Auctions, Commercial Nationwide on 03456 462288.
*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.
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