Lot 54Princess Works, Princess Street, Blackmore Street, Sheffield S4 7UW

Princess Works, Princess Street, Blackmore Street, Sheffield , S4 7UW

Guide price: £250,000

Result: Sold For £250,000

PRELIMINARY ANNOUNCEMENT

• Freehold site of approximately just over 1 acre
• Imposing three storey listed building
• Three small industrial units
• One unit currently let on informal terms at £6,756 per annum
• Planning permission for six new industrial units
• Lapsed planning for further four units
• Potential for a variety of uses
• Easy access to the motorway network and city centre
• Floor area available approximately 1,848m2 (19,896 sq ft)

Accommodation M2 Sq Ft
Princess Works
Basement 279.50 3,008
Ground Floor 352.40 3,792
First Floor 352.40 3,792
Second Floor 351.20 3,779
Mezzanine 81.20 874
Total 1,416.70 15,245

Units
Unit 10 161 .00 1,732 Currently let on informal terms at £6,756 per annum to B-TEK
Unit 11 143.93 1,549 Currently vacant
Unit 12 127.33 1,370 Currently vacant
Total 432,26 4,651

Approximate Total GIA 1,848,95 19,896

The Site
The land is identified on the adjoining plan and amounts to approximately 1.069 acres (0.433 hectares) of freehold land with vehicular access to the left-hand side of the main building. This area previously housed ten small industrial units but is now a cleared site and benefits from planning consent for four larger units.

Planning
The property lies within an area allocated within the Sheffield Unitary Development Plan as General Industry and Special Industry. Planning consent was granted on 5 October 2010 for the erection of six new units (Ref: 10100574/FUL). A copy of the consent is available for inspection. Consent was also granted on 26 July 2005 (for five years) for the creation of four additional industrial units. Interested parties are advised to make their own enquiries in respect of possible schemes for the site.

Tenure
Freehold

Rateable Value
Princess Works £13,500
Unit 10 £ 3,400
Unit 11 £ 3,550
Unit12 £ 3,400

It should be noted that listed buildings currently receive 100% empty rates relief.

Additional Information Available:
A comprehensive folder providing detailed Architect’s drawing, site investigation reports, utilities, planning I building regulations, fire safety requirement, risk assessment and additional information is available on request (adrian@markjenkinson.co.uk)

Viewing:
By appointment with the Auctioneers 0114 276 0151

Solicitors:
Wake Smith & Tofields, 68 Clarkehouse Road, Sheffield S10 2LJ (Ref: Mr Jonathan Knight)