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Lot 47West Nab Police Wireless Station, West Nab, Bolsterstone Road, Bradfield, Sheffield S35

125

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Auction Information

  • Tuesday 18th September 2012 at 11:00am
  • The Platinum Suite, Sheffield United Football Club
    Bramall Lane, Sheffield S2 4SU Venue Map

West Nab Police Wireless Station, West Nab, Bolsterstone Road, Bradfield, Sheffield , S35

Guide price: POSTPONED

Result: POSTPONED

  • Freehold Wireless station site
  • Great long term investment - 20 year term
  • Good rental income - £9,000 per annum
  • 5 year upward rent reviews
  • Strong covenant - South Yorkshire Police
    • Description
      A rectangular piece of land measuring approximately 3,902 square metres, fenced containing a 48 metre lattice radio mast constructed on a concrete base. The site also contains separate single storey buildings containing equipment

      Lease Terms
      20 years from 1 January 2009 with 5 year upward rent reviews linked to RPI or market value whichever is the highest

      Rental Income
      £9,000 per annum

      Tenure
      Freehold

      Note
      Please note the City Council’s legal and Surveyor’s fees are payable by the purchaser and will amount to a total of 3% of the purchase price subject to a minimum of £500 together with all search fees

      Viewing:
      External inspection only

      Solicitors:
      Legal Services, Deputy Chief Executive’s, Sheffield City Council, Town Hall, Pinstone Street, Sheffield S1 2HH (Ref: Chris.Houston@sheffield.gov.uk) Tel: 0114 273 6656)