Residential Development for sale

26-28 High Street, Sheffield, S1

£950,000
7,296 sq. ft.

Property Description

Commercial information

  • 7,296 sq ft (677 sq m)
  • Use class orders: A2 Financial and Professional Services

Key features

  • Vacant Freehold City Centre Retail/Office Property
  • Basement, Ground Floor and 4 Upper Floors
  • Total Net Internal area 7,296 sq ft
  • Potential for Residential Conversion of Upper Floors
  • Existing A2 Consent with Potential for other uses

Full description

Tenure: Freehold

LOCATION
The premises are located just off the prime pedestrianised shopping precinct of Fargate in the heart of Sheffield City Centre. Occupiers in close proximity include McDonalds, Boots, Halifax, Poundland, Sports Direct and HMV with Sainsbury's Local directly opposite. Numerous bus services serve High Street and Sheffield Supertram passes the front of the premises with both the Cathedral and Castle Square stops less than 50 yards away. DESCRIPTION The property comprises a 5-storey retail//office building with a basement. The ground floor provides open plan space with an imposing double height glazed frontage. The basement provides good quality storage and the upper floors have previously been used as offices. There is a substantial staircase to the rear providing access to the upper floors.

ACCOMMODATION (Approximate net areas)
Basement 1,331 sq ft 123.6 sq m
Ground Floor 1,742 sq ft 161.8 sq m
First Floor 836 sq ft 77.7 sq m
Second Floor 1,787 sq ft 166.0 sq m
Third Floor* 800 sq ft 74.3 sq m
Fourth Floor * 800 sq ft 74.3 sq m Total N.I.A. 7,296 sq ft 677.8 sq m *Area subject to confirmation

ENERGY PERFORMANCE CERTIFICATE
The property has a rating of 89 (Band D). A full EPC will be provided on request. RATING The 2017 rating assessment is: -
Offices & Premises RV £122,000
The current rate in the £ is 49.3p.

SALE
Offers in the region of £950,000, subject to contract, are invited with vacant possession on completion. LEASE Alternatively, our clients would look at granting a new lease on the premises on terms to be agreed at a rental of £95,000 per annum.

VAT
VAT will be payable on the purchase price or rent.

PLANNING
The premises are understood to have A2 consent. In 2003, a planning consent was granted for conversion of the 2 upper floors to residential (4 x 2 bed flats) however this was never implemented and has now lapsed.

RESIDENTIAL POTENTIAL
A plan from a recent feasibility study is attached showing a possible conversion of the upper floors to 6 flats (2x 1 bed & 4x 2 bed). Further details on request.


More information from this agent

Nearest stations

  • Cathedral (0.1 mi)
  • Castle Square (0.1 mi)
  • Sheffield Hallam University (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1566 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Cathedral (0.1 mi)
  • Castle Square (0.1 mi)
  • Sheffield Hallam University (0.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Crosthwaite Commercial Limited, Sheffield

Hawk Works, 105A Mary Street, Sheffield S1 4RT

0114 467 1566 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26-28HighStreetSheffield. 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 Crosthwaite Commercial Limited, Sheffield. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.