Bevercotes Road Firth Park Sheffield
Click to see larger image
· 0.04 Hectare (0.1 acre) site
· Planning for six two bedroom apartments.
· Current income totalling £370 per annum
Offers of £150,000, subject to contract
OfficeRecords/GRE016/007912/080807PA
LOCATION
The property is located adjacent to, but does not include, the Wharncliffe Hotel in the Sheffield suburb of Firth Park.
Firth Park is a busy suburb of Sheffield with the main retailing pitch being within 100 yards of the subject property.
DESCRIPTION
The site currently provides a series of 4 lock up garages fronting Bevercotes Road and 4 lock up garages at lower ground level with access from Firth Park Crescent.
The site benefits from full planning consent for the erection of six 2 bedroom flats with basement garages and vehicular access from Firth Park Crescent.
Two of the lock up garages currently on site are let under licence, providing a current rent roll of £370 per annum plus VAT.
NB
Two of the lock up garages shown on the photograph overleaf, one at ground floor the second at lower ground floor, to the far left of the picture are NOT included within the sale. Please refer to the appended plan.
SITE
We understand the site extends in total to some 0.04 hectares (0.1 acres) or thereabouts.
TENURE
We are informed that the property is to be sold Freehold.
TERMS OF OFFER
The Freehold Interest in the property is offered for sale, subject to the occupations detailed above. Offers are invited based on an asking price of £150,000, subject to contract.
As a condition of the sale the prospective purchaser is to be responsible for the future demolition of the garages and structural support work required to the fire escape servicing the adjacent Wharncliffe Hotel.
The prospective purchaser is also expected to fulfil the planning obligation requiring a contribution of £3,862 towards the enhancement of open space within the vicinity of the site.
VAT
VAT will be payable on the purchase price.
Interested parties are requested to satisfy themselves as to the applicable VAT position, if necessary by taking the appropriate professional advice.
VIEWING
Interested parties are requested not to approach the property or the tenants, and for further information, including copies of both the full planning consent and the planning obligation legal agreement, please contact Paul Oddy at the Sole Agents, Fernie Greaves.
Telephone - 0114 244 9121
Fax - 0114 242 5329
E-mail - paul.oddy@ferniegreaves.co.uk