10 -14 Barber Road, Crookesmoor, Sheffield, South Yorkshire S10 1ED

A substantial, fully let mixed use investment property located in the heart of this long established letting area which lies a short walk from the main Sheffield University campus.
The property comprises takeaway premises occupying the ground and lower ground floor (12-14 Barber Road) with a 2 bedroom flat above (10 Barber Road)

The ground floor is let by way of a 15 year lease from the 10th August 2016 at £16,800pa with 3 year rents reviews. The flat is let on a Periodic Tenancy at £1,150pa giving a combined annual income of £29,050.

Auction Details

The sale of this property will take place on the stated date by way of Online auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.