Lot
081
Auction: October 2024 Online Auction 16/10/2024 - Bidding opens Tuesday 15th October 10:00 AM

56 & 56A Holme Lane, Hillsborough, Sheffield, South Yorkshire, S6 4JQ

Property Details
Location
Auction Details
Description
INVESTMENT PROPERTY - £27,768 pa - A substantial stone fronted property occupying a high profile tram route location on Holme Lane, a short walk away from Hillsborough centre and adjoining Tramways Medical Centre . The property comprises ground floor premises, let to a Chiropodist on the remainder of a 6 year lease together with residential accommodation above comprising 3 studio rooms let at £525, £550 & £614 pcm each.
Location
The property occupies a high profile location on the Malin Bridge spur of the Supertram which gives easy access to Sheffield city centre, The University and surrounding districts . Comprehensive facilities are close by in Hillsborough , including the Barracks Shopping Centre , a wide range of shops on Middlewood Road, Tramways Mecical Centre and open countryside in both the Loxley and Rivelin Valleys. The property is on the right hand side when travelling from Hillsborough centre, just before Haden Street and opposite Holme Close.
Accommodation

Commercial Accommodation 
Ground floor premises 49.16 sqm (taken from RV calculation)
Residential Accommodation  - 56A
Ground FloorShared Entrance Hall
First Floor - Studio 1Studio Room & Shower room
Second  Floor - Studio 2Living Room, Kitchen, Bedroom & Shower Room
Second Floor - Studio  3Rear Studio & Shower Room
Approx Site Area
Approximately 159 Sq M (1708 Sq F)
Tenancy


Commercial - 56 Holme LaneMonthly Rental Annual Rent 
Let to KLS Chiropody & Podiatry from15th  June 2019 to the 14th May 2025 at £7,500

£7,500
Residential Accommodation - 56 A Holme lane 

Studio - Rent includes Council Tax) -  Landlord pays utility bills £614£7,368
Studio Rent excludes Council Tax -Landlord pays utility bills £525£6,300
Studio - Student occupied - Landlord pays utility bills £550£6,600
Gross annual income 
£27,768
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
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.

3. Energy Performance Certificate = 56 C. 56a = D.

4. The property is entered in the 2023 Rating List as "Shop" with a Rateable Value of £7,000The Rateable Value (RV) is not the amount payable.

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Sheffield

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