397a Petre Street Sheffield S4 8LL
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Prominent Freehold manufacturing premises with offices
totalling 205.1 SQ.M (2,208 SQ.FT)
Asking Price - £80,000 Freehold
Asking Rental £7,000 Per Annum
Lease Purchase Option over 4 years - £90,000 Freehold
G:OfficeRecords/PYR001/008292/101007PARTICULARS
(under offer)
Energy Performance Certificate Number
0240-3955-0342-5040-4060 available on request
LOCATION
The property is situated 2 miles north east of Sheffield City Centre, on the north side of Petre Street at the edge of the traditional established industrial area of the Lower Don Valley.
The property is located within 200 yards of Carlisle Street East which in turn provides access to Sheffield City Centre and Junction 34 (Meadowhall) of the M1 Motorway.
The general location of the property is shown on the attached extract from the South Yorkshire Street Plan.
DESCRIPTION
The property comprises a lean-to style steel portal frame workshop with ancillary first floor offices to the front of the property. The mono-pitched roof has a profile metal sheet covering incorporating acrylic roof lights providing an eaves height of 4.3 m (14 ft) to the workshop and the elevations are of concrete block.
Externally and to the front of the workshop is a concrete surfaced yard area providing parking for three vehicles.
ACCOMMODATION
The accommodation is summarised below and has been measured in accordance with the RICS Code of Measuring Practice and is arranged as follows:-
Ground Floor
WORKSHOPS, OFFICE,
CANTEEN, RECEPTION
AND WC 144.2 SQ.M (1,552 SQ FT)
First Floor
OFFICES AND WC’S 60.9 SQ.M (656 SQ FT)
SERVICES
We understand that the property benefits from all main services.
The entire property is heated by way of a gas central heating boiler serving wall mounted radiators. Lighting to the property is by way of fluorescent strip lights. The premises also benefit from a burglar alarm and CCTV.
RATING ASSESSMENT
We understand from our internet enquiries the property is currently assessed as follows:-
Workshop and Premises £7,700
TERMS OF OFFER
Freehold Interest in the property with vacant possession is available to purchase at £80,000 subject to contract.
£7,000 per annum exclusive on a full repairing and insuring basis.
The property is also available to purchase on a Lease Purchase Agreement over 4 years based upon a £10,000 deposit being paid, and £20,000 per annum exclusive being paid quarterly over the four years.
LEGAL COSTS
Each party is to be responsible fore their own legal costs in connection with the transaction.
VAT
VAT may be payable on any of the figures detailed above.
Interested parties are requested to satisfy themselves as to the applicable VAT position, if necessary by taking the appropriate professional advice.
VIEWING
For viewing and further information please contact Paul Staley at the Sole Agents, Fernie Greaves.
Tel No – 0114 244 9121
Fax No – 0114 242 5329