Commercial Property for auction in Sheffield

Description

A substantial four storey mixed use building comprising a commercial premises of approx. 737 Sq Ft (68.5 Sq M) on the ground and lower ground floor with a good size two bedroom maisonette flat on the first and second floor. The property could be of interest to both owner occupiers looking to trade and live above or investors where it would provide two separate lettings which would achieve in the region of £18,000 per annum when fully let. The accommodation comprise; Commercial Unit - sales counter / retail area, rear prep room and storage with cold stores at ground floor level with access to the lower ground floor which provide further storage / cold stores, W.C and direct access to the outside rear yard. On the upper floors there is a large maisonette flat with an open plan kitchen / Diner, Lounge and bathroom whilst to the second floor are two double bedrooms. Outside the property has a rear yard.

Accommodation

Lower Ground Floor - Commercial - 356 Sq Ft (33.1 Sq M)
Store One,

Store Two,

Store Three,

W.C,

Ground Floor - Commercial - 381 Sq Ft (35.4 Sq M)
Sales counter / Retail Space,

Rear Prep Room,

Store Room,

First Floor - Residential
Kitchen / Diner,

Bathroom,

Lounge,

Second Floor
Bedroom One,

Bedroom Two,

Costs

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)

• Buyer’s Fee of 2.4% of the purchase price (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.