16-34 Causeway Head Road, Dore, Sheffield, South Yorkshire, S17 3DT
- PROPERTY TYPE
Ground Flat
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Unbroken Freehold Ground Rent Investment plus Two (Effectively Freehold) Flats
- Approximately 34 Years Left Remaining Unexpired on the Leasehold Elements
- Two Residential Flats Producing An Income of £15,840 Per Annum
Description
Location
The subject property is located to the centre of the village of Dore, fronting Causeway Head Road at its junction with Dore Road and Devonshire Terrace Road. Causeway Head Road is the main road through the village and provides connections to the A625 and A621 of which both provide access to Sheffield city centre and to the Peak District National Park.
Dore is a large village in South Yorkshire approximately 6 miles south west of Sheffield city centre having a population of approximately 5,996 people.
The immediate area comprises a local shopping parade made of local independent service sector traders with large residential properties situated along Causeway Head Road and the adjoining Dore Road.
Description
General
The property comprises an unbroken parade of retail units, two residential flats and 10 associated garages.
The whole of the opportunity is owned Freehold under Title Number SYK462684 and comprises the following types: Number 16 (residential) plus garage, Number 18 (commercial) plus garage, Number 20 (residential) plus garage, Number 22 (commercial) plus garage, Number 24 (residential) plus garage, Number 26 (commercial) plus garage, Number 28 (commercial) plus garage, Number 30 (commercial) plus garage, Number 32 (commercial) plus garage and Number 34 (commercial) plus garage.
Numbers 18, 22, 24, 26, 28, 30, 32 and 34 are held long leasehold to third parties with approximately 34 years remaining unexpired to the leases.
Number 16 and 20 are (effectively freehold) two bedroom flats, both occupied under the terms of two separate AST Agreements as detailed in the below description.
16 Causeway Head Road
A first floor two-bedroom flat situated above (Whittingham Goddard Associates, Number 26) retail unit. The flat is accessed from the rear and provides two bedrooms, kitchen, living room, bathroom with WC and store. The property extends to approximately 55.61 sq m (598 sq ft). The flat has the benefit of a semi-detached brick built garage located to the rear side of the car park. The property is occupied under the terms of an AST Agreement from 5 August 2021 until 4 February 2022 at a rent of £625.00 pcm (£7,500 per annum).
20 Causeway Head Road
A first floor two-bedroom flat situated above (Kitchen Connections, Number 30) retail unit. The flat is accessed from the rear and provides two bedrooms, kitchen, living room, bathroom with WC and store. The property extends to approximately 50.34 sq m (542 sq ft). The flat has the benefit of a semi-detached brick built garage located to the rear side of the car park. The property is occupied under the terms of an AST Agreement from 1 April 2024 until 30 September at a rent of £695.00 pcm (£8,340 per annum).
Tenure
The property is Freehold under Title Number SYK462684. The ownership summary is available in the legal documents under Ownership Summary'. 1. The freehold is owned by the Vendor subject to a long lease (Tier 1 lease) at a ground rent. 2.The Tier 1 lease is owned by the Thorpes and is subject to a sub under lease (Tier 2 lease) at a ground rent to Edwin Gowers & Son Ltd (2) 3.Tier 2 lease ownership is not known. The entity may no longer exist. It is subject to sub-under-leases to the original owner/occupiers of each flat/shop. 4.Tier 3 leases are owned by various people.
Tenancy
16 Causeway Head Road - The property is occupied under the terms of an AST Agreement from 5 August 2021 until 4 February 2022 at a rent of £625.00 pcm (£7,500 per annum).
20 Causeway Head Road - The property is occupied under the terms of an AST Agreement from 1 April 2024 until 30 September at a rent of £695.00 pcm (£8,340 per annum).
Planning Authority
Sheffield City Council -
16 Causeway Head Road (Residential Flat): D:59
20 Causeway Head Road (Residential Flat): D:57
Refer to the legal documentation
Note
Completion is to take place before or on 10 July 2024.
The purchaser is to make a contribution to the Vendor's fees in the amount of £7,500 plus VAT.
For further information please go to
Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
16-34 Causeway Head Road, Dore, Sheffield, South Yorkshire, S17 3DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dore Station1.0 miles
- Dronfield Station3.5 miles
- Grindleford Station3.9 miles
About the agent
Lambert Smith Hampton, Auctions
UK House, 180 Oxford Street, London, W1D 1NN
Please note our office opening hours are Monday - Friday, 9am – 5.30pm
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 020 3834 8766.
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