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26-28 High Street, Sheffield, S1 2GE

POA

Crosthwaite Commercial Limited, Sheffield
SIZE AVAILABLE
7,296 sq. ft.
(678 sq. m.)
SECTOR
High street retail property for sale
USE CLASS
Use class orders: A1 Shops
A1

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

Property 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
Price on application 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 £75,000 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.

MONEY LAUNDERING
In order to comply with Money Laundering Regulations, purchasers will be required to provide identification documentation together with confirmation of the source of funding. Further details on request.

Brochures

26-28 High Street, Sheffield, S1 2GE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cathedral Tram Stop0.1 miles
  • Castle Square Tram Stop0.1 miles
  • Sheffield Hallam University Station0.1 miles

About Crosthwaite Commercial Limited, Sheffield

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

Crosthwaite Commercial is an independant Sheffield based commercial property consultancy specialising in all aspects of retail, leisure, office and industrial agency as well as providing rent review/lease renewal, development and investment advice.

Martin Crosthwaite FRICS is a Chartered Surveyor with over 38 years experience, having spent the last 32 years living and working in Sheffield for two well known practices, Lane Walker, and J Trevor & Sons.

Clients range from multi-nati

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Notes

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Disclaimer - Property reference 73436-1. 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.

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