For sale by Public Auction on the 15th February 2024 at Virtual Livestream Online Auction.
2, 4 & 6-8 CROOKES ROAD/GARAGE AT TURNER LANE, SHEFFIELD S10 5BB and S10 1BP
Guide Price - £550,000 +
• PROMINENT PARADE OF 4 SALES SHOPS AND ESTABLISHED MOTOR REPAIR SHOP
• SOME RENOVATION REQUIRED TO THE UPPER FLOORS
• CURRENTLY PRODUCING A TOTAL OF £37,500 PER ANNUM
• EXCELLENT RENTAL GROWTH POTENTIAL
• BUSY LOCATION
A commercial investment opportunity comprising of a prominent parade of 4 retail units together with a motor repair shop, which are occupied by three tenants at present currently producing a collective income of £37,500 per annum.
Situated - Fronting Crookes Road with Turner Lane to the Rear which in turn is off A57 in a popular location close to local amenities, central hospitals, schooling and transport links.
2 Crookes Road - Ground Floor - Approximately 73 sq.m
First Floor - Lounge, Kitchen and Bathroom
Second Floor - 2 Further rooms
Let by way of a 10 year lease commencing 2018 producing £16,000 per annum
R.V. £9,700
4 Crookes Road - Ground Floor - Approximately 34 sq.m
First Floor - Number of rooms
Second Floor - Attic rooms
Vacant
R.V.£9,100 plus £3,550 for the rooms above and over No 8.
6 and 8 Crookes Road - Fontage Hair & Beauty
Ground Floor - Approximately 88 sq.m
Let by way of a 10 year lease commencing 5th May 2023 producing £15,000 per annum with a break date 5th May 2028
R.V. £14,250
Garage premises at Turners Lane - Ground Floor - Approximately 83 sq.m
First Floor - Approximately 66 sq.m
Hard Standing - Approximately 170 sq.m
Let by way of a 10 year lease commencing 2007 producing £6,500 per annum
R.V.£6,200
EPC Rating - No.2 - TBC
No.4 - TBC
No.6-8 - C
Tenure - Freehold
VIEWING VIA THE AGENTS BLUNDELLS
ENQUIRIES TO ANDREW WINTER