89 Trippet Lane & 2 Penton Street, Sheffield, South Yorkshire, S1 4EL

PROPERTY AUCTIONS / Tuesday 28th June 2022

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Lot 11

COMMERCIAL INVESTMENT, LEISURE, MIXED USE, RESIDENTIAL INVESTMENT

Guide Price: £175,000 *

Well know Sheffield Landmark property
Comprises ground floor wine bar with two one bed flats above
Let at £38,800pa
Ground floor - 10 year lease from 27th march 2015 at £25,000
Two modernised apartments off Penton Street -£ 13,800pa
Leasehold for 99 years from 29th September 1937 (14 years remaining)

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A landmark City Centre property comprising ground floor wine bar with two modernised apartments off Penton Street let producing £38,800pa. Leasehold for 99 years from 29th September 1937 at a ground rent of £25 pa (approx. 14 years remaining )

Commercial Accommodation
Trading as a "Gin & Jazz" lounge bar and held on the remainder of a 10 year lease from 27th March 2015

Residential Accommodation - 2 Penton Street
Two modernised one bedroom first floor apartments with central heating, each comprising-
Open plan Living Room/Kitchen
Shower Room/WC
Bedroom

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