Tuesday 4th September 2018

Time: 2pm prompt

Auction Venue: The Platinum Suite, Sheffield United Football Club (Venue details)

3 Properties For Sale

Your attention is drawn to the notes regarding guide prices, reserves and additional fees at the foot of this page

Lot   Location Property Type Postcode Guide Price/Result
28 601 City Road, Sheffield 601 City Road, Sheffield FLAT INVESTMENT, SHOP, TAKEAWAY S2 1GP £78,000

601 City Road, Sheffield

Guide Price: £78,000

End terrace comprising of Ground floor Take-away, First floor flat, both let and producing £9,880pa

Mark Jenkinson & Son - Auctions 0114 276 0151

31 320-322 Langsett Road, Hillsborough, Sheffield 320-322 Langsett Road, Hillsborough, Sheffield INVESTMENT, FLAT INVESTMENT, TAKEAWAY S6 2UF £190,000

320-322 Langsett Road, Hillsborough, Sheffield

Guide Price: £190,000

Takeaway premises & flat let at £330 pw (£17,160 pa)

Mark Jenkinson & Son - Auctions 0114 276 0151

35 Bracebridge Pumping Station Site, High Hoe Road, Worksop Bracebridge Pumping Station Site, High Hoe Road, Worksop LAND (RESIDENTIAL), RESIDENTIAL DEVELOPMENT S80 2DR £300,000

Bracebridge Pumping Station Site, High Hoe Road, Worksop

Guide Price: £300,000

Former Listed Grade 11 Pumping Station with planning for 23 flats and 1 linked attached house

Mark Jenkinson & Son - Auctions 0114 276 0151

Guide Price

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price

The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Additional fees to be paid by the buyer

The catalogue is usually printed ahead of the legal pack and we are unable to confirm any additional fees outlined in the Special Conditions of sale at the time of going to print.

We strongly advise checking for –

Auctioneer's administration fee – The amount of £600 including VAT is payable in all instances, whether buying before, at or after the auction.

Local Authority fees – it is common practice for Council clients to make an additional % charge to cover their legal, surveyors and selling fees. Amounts do vary.

Search Fees – some solicitors will reclaim the cost of carrying out searches from the buyer

VAT – Some commercial properties will be subject to Value Added Tax at 20%

Stamp Duty – This will vary, not only with the amount paid for the property but with the circumstances of the buyer and the property’s intended use.

Rent arrears – in the case of investment properties, the buyer may be responsible for the payment of any outstanding rent.

Contributions to the seller's legal and/or auctioneer's costs.

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