Lot

Auction Ends: 16/10/2024 12:21 - Bidding opens Tuesday 15th October 10:00 AM

Freehold Premises , 67 67A & 69 Allen Street, & FH To 28-30 & 32 Cross Smithfield & 65 Allen St., Sheffield, S3 7AW

Sold

Sold for

£178,000

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Property Details

Location

Description

GROUND FLOOR WORKSHOP PREMISES , TWO OFFICES WITH PLANNING (Including Freeholds) & ADJOINING FREEHOLDS. A substantial corner property occupying a prominent position in an area of inner Sheffield that has seen considerable development over the last few years and located a short walk from Kelham Island as well as comprehensive City Centre facilities. The property includes ground floor and basement workshop areas with a central court yard, all let at £4,000pa, in addition to two separate vacant first/second office suites (67A and 69) that offer potential for ongoing use or to take advantage of the planning already granted for residential. The sale also includes the Freehold to the adjoining premises on Allen Street and Cross Smithfield (£525pa and set to double every 25 years) giving an overall strategic corner site amidst a number of recent residential schemes.

Location

The property occupies a prominent corner position in the heart of an area of inner Sheffield that has seen considerable redevelopment in recent years and is a mere quarter of a mile from Kelham Island. Allen Street lies between the A61 and Meadow Street, a short walk from Shalesmoor tram stop which gives easy access to the University and comprehensive city centre facilities

Accommodation

67 ALLEN STREET
Ground Floor	Front & Rear Workshops, Store and Central Area with WC (Only the front workshop is shown on the adjoining floor plans)	91.51 sqm
Basement	Cellar	47.98 sqm
69 ALLEN STREET
Ground Floor	Front Entrance Lobby & Staircase
First Floor	Landing, 1 Room , Kitchen & WC	32.24 sm
Second Floor	3 Rooms & Shower Room/WC	69 .44 sqm
67a ALLEN STREET
Ground Floor	Front entrance lobby and staircase
First Floor	Landing, 2 Rooms, Kitchen & WC	37.96 sqm
Store Room	Used as bin and general store	6.77 sqm
TOTAL	Gross internal floor area	285.90 sqm (3,076 sqft

Tenure

In addition to the Freeholds of 67,67A & 69 Allen Street, 199 years from 12th October 2006, the sale includes the Freehold of adjoining properties ,
28 -30 & 32 Cross Smithfield, S3 7AU - 199 years from 12th October 2006 at £105 pa each, doubling every 25 years
65 Allen Street, S3 7AW - 199 years from 12th October 2006 at £210 pa doubling every 25 years

Planning

Planning consent was granted by Sheffield City Council on the 17th November 2023 for "Alterations and conversion of offices (Use class E) to form 2 residential apartments (Use class C3) Ref 23/02955/CDPN
Full details can be see on the Council's portal -
Https://planningapps.sheffield.gov.uk/online-applications/applicationDetails.do?activeTab=documents&keyVal=S180TMNYG2Q00

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

VAT

VAT is payable on completion at the prevailing rate in addition to the gavel price.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 15TH OCTOBER AND CLOSES ON WEDNESDAY 16TH OCTOBER.

Addendum

Please note the ground floor tenant has served notice indicating that he and his sub tenant will be moving out at the end of December 2024