End Terrace Land/Plot for sale,

London Road, Sheffield, South Yorkshire, S2

Commercial Properties

Shops 300 and 302, London Road

Shop 300: Currently operated as a general store

Shop 302: Currently operated as a restaurant and sports bar

Current Commercial Income: £8,000 per annum each, totalling £16,000 per annum

Total gross rental £56,080

Key Benefits of Purchasing on London Road, Sheffield

Prime Location: London Road is a bustling thoroughfare in Sheffield, renowned for its diverse array of shops, eateries, and cultural venues. The area enjoys high foot traffic and is a popular destination for both locals and visitors.

Strong Rental Demand: The proximity to Sheffield city centre, universities, and hospitals ensures a steady demand for rental properties, both residential and commercial.

Income Growth Potential: With all residential units on SPT tenancies, there is an opportunity for immediate rent reviews and income enhancement. The current rental income of £52,120 per annum offers a solid return on investment, with room for growth.

Diverse Tenant Mix: The commercial units cater to a variety of customer needs, enhancing the appeal of the location and providing a stable income stream.

Transport Links: The area is well-served by public transport, with easy access to major roads and public transport routes, making it convenient for residents and customers alike.

Auction Details

Method: Modern Method of Auction

Bidding: Now Open!

Auction Platform: www.iamsold.co.uk

Fees: Auction fees will apply to secure the property.

How to Bid

To place a bid or for further information, you can:

Register online at www.iamsold.co.uk

Speak to a member of our sales team who can assist you in placing your bid immediately.

Viewing Arrangements

We invite prospective buyers to arrange a viewing to fully appreciate the potential of this investment. Please contact our sales team to schedule a visit.

**** AUCTION TERMS ****

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Kitchen Dining Room

4.6mx3.8m

Bathroom 1

3.9mx3.48m

Bedroom 2

4.37mx2.3m

Lounge

1.32mx3.89m

Living Room

4.34mx3.84m

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.