Ground Rents At Oxclose Estate, Oxclose Park Way Park View & Park Rise, Halfway, Sheffield, NE Derbyshire, S20 8GS
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- SECTOR
Commercial property for sale
Key features
- TO BE SOLD BY PUBLIC ONLINE AUCTION ON 17TH JULY 2024.
- PLEASE BE AWARE THAT THESE DETAILS ARE OFTEN UPDATED AND SUBJECT TO CHANGE ANY TIME BEFORE THE AUCTION.
- YOU MUST NOT RELY ON THE INFORMATION BELOW AND SHOULD VIEW FULL PARTICULARS AND ANY ADDENDUMS ON THE AUCTIONEER'S WEBSITE.
Description
A portfolio of Freehold ground rents secured to 82 modern houses on an established estate to the south east of Sheffield. The properties are held on 3 registered titles and comprise 125 years ground leases from 31st March 2004 with individual ground rents of £247.60 giving an overall annual income of £20,303.20
ARREARS - The figure currently stands in excess of £30,000 and the client will only take £10,000 giving the buyer the potential to collect balance.
Location
Halfway lies midway between the residential areas of Mosborough, Eckington and Killamarsh, to the south east of Sheffield, close to Rother Valley Country Park , Chrystal Peaks Shopping Centre , Supertram and junctions 30 & 31 of the M1.
Addendum
Two of the 84 addresses have been sold leaving 82 with individual ground rents of £247.60 and an overall annual income of £20,303.20
ARREARS - The figure currently stands in excess of £30,000 and the client will only take £10,000 giving the buyer the potential to collect balance.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.
2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH JULY AND CLOSES ON WEDNESDAY 17TH JULY.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
Tenancy
125 years ground leases from 31st March 2004 with individual ground rents of £247.60
Due to the level of the rent payable under the leases, the landlord may be able to charge a premium for varying the rent due under them.
Ground Rents At Oxclose Estate, Oxclose Park Way Park View & Park Rise, Halfway, Sheffield, NE Derbyshire, S20 8GS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Halfway Tram Stop0.5 miles
- Westfield Tram Stop0.7 miles
- Waterthorpe Tram Stop1.0 miles
About PUGH & COMPANY LIMITED, Manchester
340 Deansgate Manchester M3 4LY
Notes
Disclaimer - Property reference 116015FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PUGH & COMPANY LIMITED, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 PUGH & COMPANY LIMITED, Manchester on 01942 559576.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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