for sale by auction
- 16th October 2025
162 & 162A London Road, Sheffield S2 4LT
Guide Price: £350,000 plus fees
FOR SALE VIA LIVESTREAM AUCTION ON THE 16th October 2025 – NOTE: BIDDERS WILL NEED TO PRE-REGISTER ON PRICELINSEY WEBSITE (www.pricelinsey.co.uk) PRIOR TO THE AUCTION DAY. An exciting opportunity has arisen to purchase this prominent commercial / residential property located on the busy London Road, Sheffield. The property comprises a ground floor take away which is currently let at £6,000pa. The first floor, second and third floor comprises six lettable rooms each with a bed and wardrobe, with a communal dining kitchen and two shower rooms. The residential accommodation has been left vacant to allow for the sale of the property, but are believed to have a rental income in the order of £90 per room per week (£28,080 pa). This gives the property a potential rental income in the order of £34,000 pa.
The accommodation briefly comprises;
Ground Floor – Take away shop LET at £6,000 pa (TBC).
First Floor – 2 residential lettable rooms, communal dining kitchen, 2 shower rooms.
Second Floor – 3 residential lettable rooms.
Third Floor – 1 residential lettable room with separate w/c.
An early viewing is essential to appreciate the size of the accommodation and potential the property offers.
Services – Mains water, electric, gas and drainage are all assumed to be connected.
Solicitors
Norrie, Waite & Slater Solicitors, 9-12 East Parade, Sheffield, S1 2ET
T: 0114 267 6166
Key Information: –
Tenure – Freehold
Services: Mains Gas, Electricity, water and mains drainage are connected.
Business Rates (Ground Floor Take-away)- £13,750 in the 2023 Rating assessment.
EPC Rating- Ground Floor Shop 63-C. First Floor accommodation 61-D
Key Information:
Tenure:
Freehold
EPC:
TBC
Council Tax Band:
TBC
Administration Fee:
£1500 inc VAT payable on exchange of contracts.
Buyer's Premium Fee:
1.2% inc VAT of the purchase price, subject to a minimum of £2340 inc VAT, payable on exchange of contracts.
Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Viewings
Viewing details not available. Please contact the office for further information.
Guide Prices & Reserves{br}Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.{br}{br}Additional Fees{br}Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.{br}{br}Plans, Maps and Photographs{br}The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.{br}{br}Consumer Protection Regulations 2008{br}Price Linsey Property Consultants Ltd endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.{br}{br}Anti Money Laundering Regulations{br}Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.{br}{br}Control of Asbestos Regulations{br}As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Price Linsey have not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.
