This property has been taken off the market.

House For Sale Crookes Road, Sheffield, S10

£550,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 19th March 2024

Description

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
Agent Details
Blundells
896/898 Ecclesall Road, Sheffield, S11 8TP

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