95 Mary Street, Sheffield, South Yorkshire, S1 4RT

  • Investments
  • 4,327 sq ft
  • For Sale
95 Mary Street, Sheffield, Investments For Sale - WP_20190927_11_06_56_Pro.jpg
95 Mary Street, Sheffield, Investments For Sale - WP_20190927_10_48_47_Pro.jpg
95 Mary Street, Sheffield, Investments For Sale - WP_20190927_10_29_42_Pro.jpg
95 Mary Street, Sheffield, Investments For Sale - WP_20190927_10_30_18_Pro.jpg
95 Mary Street, Sheffield, Investments For Sale - WP_20190927_10_51_43_Pro.jpg
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95 Mary Street, Sheffield, Investments For Sale - WP_20190927_10_30_30_Pro.jpg
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95 Mary Street, Sheffield, Investments For Sale - WP_20190927_11_07_17_Pro.jpg
Property Type Investments
Availability For Sale
Size 4,327 sq ft
Price Long Leasehold Asking Price £165,000
Energy Performance Rating This property has been graded as E (124)

Long Leasehold multi-tenanted investment with three occupiers.

Key Features

  • Combined Annual Rental - £11,850 per annum.
  • Occupied by way of short term leases.
  • Multi-tenanted investment with three occupiers.

Location

The property is located to the north side of Mary Street within 50 yards of its junction with the A61 St Mary's Road, part of the Sheffield inner ring road.

The property comprises three tenanted workshops/studios of a combination of construction types beneath double pitched and flat roof coverings with a double pitched corrugated asbestos roof covering to the front part of the site which incorporates acrylic roof lights supported by a light steel truss frame.

Accommodation

  sq m sq ft
Ground Floor    
95A - Vehicle Repair Garage    
Workshop 125.1 1,346
Offices, Kitchen and WC's   51.8    558
95B - Art Studio    
Workshops   85.4    919
Office, Kitchen and WC   27.8    300
95 - Music Studio    
Reception   18.6    200
First Floor    
Studios, Store, Kitchen and WC's   93.3 1,004

Services

We understand that all mains services are connected.

Tenancy Schedule

Unit Terms of Letting
95A 1 year lease from 1 September 2012 at a current rent of £5,200 per annum plus VAT.
95B 1 year lease from 1 July 2017 at a current rent of £3,900 per annum plus VAT.
95 3 year lease from 12 October 2011 at a current rent of £2,750 per annum plus VAT.

Tenure

The property is for sale Long Leasehold for a term of 200 years from 12 October 1938 at a fixed ground rent of £14.00 per annum.

VAT

VAT is payable on the rental and the purchase price.

BOL001/008901

Fernie Greaves Chartered Surveyors

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