Land for sale in Sheffield S36, 1 Bedroom

Sheffield, Sheffield, UK

Quick Summary

Property Type:
Land
Status:
For sale
Price
£ 180,000
Beds:
1
Recepts:
1
County
South Yorkshire
Town
Sheffield
Outcode
S36
Location
St. Marys Street, Penistone, Sheffield S36
Marketed By:
Pennine Lettings & Sales
Posted
2019-10-29
S36 Rating:


More Info?
Please contact Pennine Lettings & Sales on 01226 417659 or Request Details

Property Description

The vast majority of the building is detached with just the ground floor shower room of the apartment adjoining a neighbouring office building.

The layout currently consists of a ground floor one bedroom apartment with enclosed garden achieving an annual gross rental of £5,100.00 and then accessed via an external staircase are the office premises which consist of a well equipped kitchen, w.C., two first floor rooms and a staircase leading to the second floor attic space which is a spacious third room.
Although described as offices we believe subject to the necessary consents and change of use, these rooms and the apartment could be converted into a full residential building, two apartments or full commercial possibly retail and office space.

Formerly one residential dwelling, converted and renovated approximately 6 years ago the accommodation throughout is well presented, and maintained and decorated to a good standard.

The apartment is rented out on an assured short hold basis expiring in October 2018.

Easy pedestrian access is permitted through the covered alleyway between 10 and 12 St Marys Street and after a few strides you are within the high street area of Penistone centre.
The vehicular access route is via Church Street, at the side of Churchfield Vets take the entrance to the left and left at the end, this leads directly to the substantial electrically operated gates of Tannery House and 12b St Marys Street, ample private parking and turning space is included.

We are informed that a right of way does exist within the boundaries to allow access for neighbouring properties on foot from Church Street to access St Marys Street.

We estimate with the office units being fully Occupied and let aswell as the apartment the property is capable of achieving a conservative return of approximately £6600 per annum for the offices plus the £5100 per annum for the apartment, a gross annual income of total £11,700 providing a an investment return of 6.5%

Council tax band A for the apartment and the rateable value is £3,500 per annum. For the upper floors. Although it is expected that most small businesses would apply for small business relief.

Both the two separate premises have independent electric and gas however do share one water supply.

Please note there is no VAT applicable to the purchase price.

Please note these are draft details and have not yet been verified by our vendor client.


General information


Please note that all of our incoming and outgoing telephone calls are recorded.

Tenure: Freehold


Fixtures & fittings


Only items specifically mentioned in these particular's are included in the sale.


Location


The post code for Sat Nav purposes is S36 6DT and a street map is provided attached to this advertisement.

Services Mains Gas, Electric, Water & Drainage.


Important notes


These details were prepared from an inspection of the property and information provided by the vendor on 27th June 2018.

Misrepresentation act 1967 & misdescription act 1991 - When instructed to market this property every effort was made by visual inspection and from information supplied by the vendor to provide these details which are for description purposes only. Certain information was not verified, and we advise that the details are checked to your personal satisfaction. In particular, none of the services or fittings and equipment have been tested nor have any boundaries been confirmed with the registered deed plans. Pennine Lettings & Sales Ltd or any persons in their employment cannot give any representations of warranty whatsoever in relation to this property and we would ask prospective purchasers to bear this in mind when formulating their offer. We advise purchasers to have these areas checked by their own surveyor, solicitor and tradesman. Pennine Lettings & Sales Ltd accept no responsibility for errors or omissions.These particulars do not form the basis of any contract nor constitute any part of an offer of a contract.


Mortgage procedure


If you wish to make an offer on this property before contacting a Financial Advisor or Solicitor you should make your offer to our office to avoid any delay and the possibility of a sale being agreed to other interested parties. Under the Estate Agents act 1991 you will be required to give us your financial details to enable us to qualify your ability to purchase before we can recommend your offer to our sellers. Offers may be made by visiting our Penistone Office or by telephone on .

Money laundering regulations:
In order to proceed with a sale we will need confirmation of Identity and Proof of address.


Free valuation


If you have a property to sell and would like to discuss your requirements with us we offer a free no obligation valuation.

Floor Plans

Property Location

Location, Places and Walk Score

Marketed by Pennine Lettings & Sales

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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Pennine Lettings & Sales. Properties365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pennine Lettings & Sales for full details and further information.

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