27–35 Jaunty Way, Sheffield, South Yorkshire S12 3DZ
Barnett Ross Property AuctioneersBarnett Ross was formed in October 2002, drawing upon the combined 60 year's auction experience of John Barnett and Jonathan Ross, and immediately established itself as one of the largest independent auction houses in the U.K.
Read more Read moreLot 8 Click here for addendum Reversionary Ground Rent Investment 6 Week Completion Situation Located within this local shopping parade serving the surrounding residential neighbourhood lying approximately 3 miles south-east of Sheffield city centre. Property An end of terrace building comprising a Ground Floor Double Shop with separate front and side access to 2 Self-Contained Flats on the first floor. Accommodation Ground Floor Double Shop Gross Frontage 60'10" Built Depth 64'7" 2 First Floor Flats Not inspected - Each believed to be 2 Bedrooms, Living Room, Kitchen, Bathroom/WC VAT is NOT applicable to this Lot FREEHOLD Tenancy The entire property is let on a full repairing and insuring lease to Co- operative Group Limited for a term of 99 years from 29th September 1953 at a current rent of £70 per annum exclusive. Valuable Reversion in approx. 32¼ years. Note 1: In April 2020, the vendor approached the lessee regarding the possibility of taking a surrender of the 2 flats and the lessee advised they would give this some consideration. Note 2: There is potential to create additional flats at the rear of the property, subject to obtaining possession and the necessary consents.
