Sheffield shop and flat due to be sold at auction

A shop and flat investment in Sheffield is to be auctioned with a guide price of £200,000-£225,000.

By Rob Hollingworth
Tuesday, 22nd June 2021, 12:14 pm

The property on Birley Moor Crescent, Birley, will be auctioned online by Mark Jenkinson on July 13. The building is described as a substantial mixed residential/commercial property let at £18,200 per annum.

The online brochure says the ground floor premises are let to welder supply company UK Welder Ltd at £8,000 per annum since 2018 with a three month notice period required. Two first floor flats with established tenants produce £10,200 per annum. The flats are let at £98 per week by Assured Shorthold tenancies.

There is a freehold corner site in what is described in the brochure as an established estate location. The property is said to be on a substantial site of 820 square metres – 0.2 acres - with access from Newstead Avenue.

This investment opportunity will be auctioned online on July 13.

For details call 0114 276 0151 or visit https://www.markjenkinson.co.uk/auctions/