Preliminary Particulars
Development Opportunity
Damons Restaurant, Crystal Peaks, 2 Sevenaires Road, Sheffield, S20 1NZ For Sale
Comprising an 10,650 sq ft ( 989.42 sq m) restaurant with large car park
Total site area of 2.87 acres (1.16 hectares)
Extremely prominent and well located at the entrance of Crystal Peaks Shopping Mall and Retail Park
Existing planning for use as a Restaurant (A3) with associated car parking
Redevelopment opportunity for alternative retail use, subject to securing the appropriate planning
The site is available as a whole or consideration will be given to splitting the site
Offers are invited for the Long Leasehold interest
0114 2729750 Fountain Precinct, 7th Floor Balm Green, Sheffield, S1 2JA email:
[email protected] Location
Planning
The property is extremely well located to take advantage of being within close proximity to the Crystal Peaks Shopping Mall and Retail Park and the number of well established and well known retailers that are currently on site.
We understand that the site current has planning for an A3 Restaurant, and historically for C3 Motel, uses as per The Town and Country (Uses Classes) Order however, due to the location of the property, alternative uses, such as retail would be looked upon favourably by the Council.
The premises are located on Sevenaires Road, which provides direct access to Eckington Way and Green Way, which provides access directly into the retail park and shopping mall and onwards to the A57. This in turn provides good connectivity to the remainder of the region and onwards to the M1 at Junction 31 to the east and Sheffield City Centre, 3 miles to the north west. There are a large number of well known retails within Crystal Peaks including Sainsbury’s, Argos, MacDonald’s, M&S, Aagrah and Next to name but a few.
We suggest interested parties satisfy themselves with respect of securing the appropriate planning as required. Tenure We understand that the property is held on a long leasehold interest of 125 years from 1992 at an annual ground rent of £1,000. EPC D92.
Description Business Rates The property is well located on the entrance to Crystal Peaks Mall and Retail Park which provides an established neighbourhood retail scheme, being extremely well located within the locality. The existing building on the site is currently used as a trading restaurant called Damons, however, the property is available as a development opportunity comprising building and car parking, which covers a site area of circa 2.87 acres (1.16 hectares). We understand that the existing restaurant on site is currently configured to provide a brick built circular building comprise 10,650 sq ft to ground floor and large associated car parking.
We understand the property currently has the following rateable value: £157,000. Therefore current rates payable for 2016 are £78,029. Terms The subject premises are available by way of a sale of the whole. Alternatively, the property would be available as a sale of part and as such offers are invited on either basis.
Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London W1U 8AN, where you may look at a list of members' names.
Legal Costs Each party to be responsible for their own legal costs incurred in any transaction. Viewing & Further Information Please contact sole agents: Ben White Tel – 0114 2729750
[email protected] Peter Whiteley Tel – 0114 2729750
[email protected] Brochure: October 2016