£380,000
Top Guide
£420,000
No. 9 Twelve O'Clock Court, Attercliffe Road, Sheffield, S4 7WW
office investment producing £36,000 per annumLocation
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
<@[Lot] Text Bold/Blue>Tenant Agreement Rental Review<@$p>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.

Copyright 2010 Pugh & Company Ltd - 4 The Parks, Newton le Willows, WA12 0JQ - Tel. 0844 2 722444 - Email.