Lot 19 – 729 Chesterfield Road, Sheffield, S8 0SL

Bidding Closed

SOLD FOR

£312,000

Property Enquiries

Simon Bailey

simon.bailey@bidx1.com
+44 (0) 20 3929 8403

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Rahul Khimasia

rahulkhimasia@hcbgroup.com
+44 (0) 20 8907 4366
Description
Map
Viewings

Property Summary
  • Freehold former bank premises
  • Approximately 334.07 sq m (3,596 sq ft)
  • Alternative use potential (subject to consents)
  • Established retail parade
  • Vacant possession
Tenure

Freehold

Location

Sheffield lies about 35 miles east of Manchester and 34 miles south of Leeds and has a population of about 582,500 (2018 estimate). It lies to the west of the M1 motorway, from which it can be accessed via junctions 31-34 and it can also be accessed via the A61, A57 and A6109. Sheffield railway station provides regional and national rail links including direct services to London St Pancras and the city is earmarked for a station as part of the proposed HS2 line. Numerous regjonal and national bus services serve the city and Doncaster Sheffield Airport lies about 18 miles north east from the city centre.

Chesterfield Road forms part of the A61 running south from the city centre.  The property lies on the east side of the road at its junction with Chantrey Road about four miles south of the city centre. The property forms part of an established retail parade with nearby occupiers including Domino's, Ladbrokes and Post Office.

Description

An end of terrace former bank premises of traditional construction beneath a pitched roof arranged over basement, ground and two upper floors. The building totals approximately 334.07 sq m (3,596 sq ft) and provides a former ground floor banking hall with a mix of office and ancillary accommodation on basement, first and second floors. Externally there is a rear yard providing parking for about three cars. The building may lend itself to alternative uses or development, subject to obtaining the necessary consents.

Planning

Sheffield City Council (0114 203 9183) www.sheffield.gov.uk

VAT
Please refer to Legal Documents
Property Table
FloorAccommodationTenancyRent PA
TOTAL334.07 sq m (3,596 sq ft)  
Ground
First
Second
Basement
94.66 sq m (1,019 sq ft)
89.93 sq m (968 sq ft)
90.12 sq m (970 sq ft)
59.36 sq m (639 sq ft)
Vacant£0

The auctioneers have not inspected the property. All floor areas have been provided by the vendor.

EPC

Rating 131 Band F


*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount of £4,500 from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.