No. 9 Twelve O'Clock Court, Attercliffe Road, Sheffield, S4 7WW

office investment producing £36,000 per annum

Location

Twelve O'Clock Court is located on a prominent site at the junction of Saville Road (A6109) and Attercliffe Road (A6178) lying within 1 mile from Sheffield city centre and 2 ½ miles from Meadow Hall Shopping Centre.

Description

Twelve O'Clock Court is a courtyard development containing a number of self contained office buildings. Unit 9 offers accommodation at ground and first floor level including male and female WC's, gas fired central heating (not tested) and suspended ceilings.

Accommodation

We detail below the following approximate floor area’s: 
Ground Floor:  141.1 sq m  (1,518 sq ft) 
First Floor:  143.4 sq m  (1,543 sq ft) 
Total:  154.5 sq m  (3,061 sq ft) 

Tenure

Long leasehold for a term of 999 years from 29th September 1996 at a ground rent of 1% of the open market rental value, currently £360 pa.

Planning

Interested parties should consult direct with the Local Planning Office Sheffield City Council, Town Hall, Pinstone Street, Sheffield S1 2HH.

Tenancy

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Phoenix Life Ltd* 25yr EFRI lease from 25/03/91 £36,000 pa 26/03/11

The ground floor has been sub-let to The Church Of England Childrens Society at £18,000 per annum until March 2011

The first floor has been sub let to The Society of Glass Technology at a rent of £18,000 per annum until March 2016.

<*t(0,0,"1 ")>* Phoenix life limited forms part of the Pearl Group which we are advised had 6½ million policy holders and assets under management totalling £70 billion as of 31st December 2008. This information has been extracted from the Pearl Group website and interested parties should satisfy themselves of its accuracy.

Solicitors

Tinsdills Solicitors, 15-19 Marsh Parade, Newcastle under Lyme, Staffordshire, ST5 1BT.
Tel: 01782 612311. Fax: 01782 717294. E-mail: rebecca.torr@tinsdills.co.uk.
Contact: Ms Rebecca Torr.

Addendum

The sale is subject to VAT at the prevailing rate unless the sale is a Transfer of a Going Concern.