of

Premises and adjoining Leasehold Reversions, 83-89 Sorby Street, Burngreave, Sheffield, South Yorkshire, S4 7LA

  • Leasehold site at approximately 0.24ha (0.60 acres)
  • Includes two storey workshop (83-89 Sorby Street) let at £5,400pa
  • Leasehold ground rents to adjoining premises
  • Total rents receivable £16,949.25pa
  • Whole site is leasehold for 99 years from March 1964 at £12,000+VAT pa
  • Profit rent £2,549.25pa

Loction

The site is situated approximately 1.5 miles to the north of Sheffield city centre and lies between Earsham Street & Sorby Street at the junction of Kirk Street

Site
The land is identified in the adjoining plan and amounts in total to approximately 0.24ha (0.60 acres)

83-89 Sorby Street (shown in red on the plan) A two storey brick built workshop with a net internal floor area of approximately 320sqm (3452sqft) including offices, workshops, WC's & garage with front access

The property is listed as "factory and premises" in the current rating list and has a Rateable Value of £10,750

Tenure

The entire site is leasehold and held under a 99 year lease from 25th March 1964 at £12,000 +VAT pa

Sub-Leases (Shown in blue on the plan)
83-89 Sorby Street - this is let from 29th September 2017 until 28th September 2020 at £5,400pa & paid quarterly

69 & 71 Sorby Street - let for 99 years (less last 3 days) from 25th March 1964 at £3,988pa
91 Sorby Street - let for 99 years (less last 3 days) from 25th March 1964 at £2,903.25pa
40 Earsham Street - let for 99 years (less last 3 days) from 25th March 1964 at £1,620pa
42 Earsham Street - let for 99 years (less last 3 days)from 25th March 1964 at £3,018pa
Electricity Sub Station - let for 97 years (less last 3 days) from 25th March 1966 at £20pa
Total rents receivable £16,949.20
Total rent payable (including VAT) £14,400
Profit rent £2549.25

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