Waverley Works, Effingham Street, Sheffield, S9

LOCATION
The property is situated approximately one mile to the
north-east of Sheffield City Centre in a well-established,
predominantly industrial area.
The premises fronts both Effingham Road and
Effingham Street with access points on either side.
Effingham Road links directly with Attercliffe Road
(A6178) and is close to Brightside Lane (A6109) both of
which provide easy access to Junction 34 of the M1
motorway, which is approximately three miles away.

DESCRIPTION
The site totals 0.9 acres, comprising a mix of office and
warehousing across multiple buildings totalling 35,000
sq ft.
Externally there are two yard areas for loading and
parking accessed from both Effingham Street and
Effingham Road.
There is scope for redevelopment subject to planning or
the building could be of interest to owner occupiers /
investors.
The main building is occupied by the owner and there
will be full Vacant Possession (VP) while there are four
sub-tenants in the rear buildings.

ACCOMMODATION (All gross areas being approximate)
Total
35,000 sq ft
3,252 sq m

PLANNING
From Sheffield City Council's planning portal, the
premises are located within an area allocated as a
General Industry Area with Special Industries on the
adopted UDP and within the new Local Development
Framework, the property is simply located in an area
allocated for Industrial purposes.

PRICE
We are quoting £1,250,000 for the long-leasehold
interest.

TENURE
The building is held long-leasehold under Title Number
TBC.
The long leasehold was granted for 200 years on land
and buildings which commenced 29th September 1940,
leaving 116 years unexpired.
There is a ground rent payable to the freeholder of
£197.40 per annum.

TENANCIES
There are 4 'sub tenants' occupying parts of the east
section of the wedge-shaped site.
The 'sub tenants' provide an historic rental income of
£13,637 which are all either holding over or on informal
tenancies.

LEGAL COSTS
Each party are to be responsible for the payment of their
own legal fees in connection with this transaction.