Retail in S35

Burncross Road, Chapeltown, Sheffield, South Yorkshire, S35 1SF

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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • 1-bedroom flat with nail bar shop below
  • Fully tenanted investment
  • Prime location
  • Shop premises has access separate to flat above
  • Flat has a secure access door with code
  • Fireproof front door

Retail in S35

*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this Investment opportunity.

Seize the chance to secure a fully tenanted investment with this property offering a 1-bedroom flat above a bustling nail bar shop. Both premises are fully occupied, providing a steady income stream and an attractive investment opportunity in the prime location of Chapeltown, Sheffield. Benefit from an immediate return on investment. Proximity to local amenities and transport links including access to the M1, rail links, and localised public transport; which enhances the appeal of both premises to tenants and customers alike.


Please note we have not inspected this property.

Summary

  • Property Type: Retail
  • Parking: Allocated

Location

Prime location of Chapeltown, Sheffield. Proximity to local amenities and transport links including access to the M1, rail links, and localised public transport; which enhances the appeal of both premises to tenants and customers alike.

Accommodation

Fully tenanted investment with this property offering a 1-bedroom flat above a bustling nail bar shop.

Rental Income

1 bedroom flat: generating an income of £525pcm

Shop premises: generating an income of £1,320pcm

EPC

Available upon request (rating D).

Council Tax

Band A

Rateable Value

The current rateable value is £11,000 (1 April 2023 to present).

Sourced from VOA.

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Floorplan

Floorplan

This property is being sold subject to conditional reservation fee auction terms and conditions.

 

Timescales

There are 28 days to exchange contracts and a further 28 days to complete the purchase.

56 days in total.

 

Legal Pack

A legal pack has not been provided on this lot.

 

Deposit

There is no deposit to pay on this property.

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

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