Well Meadow Drive, Sheffield, S3 7NU

Description
Residential development opportunity in Sheffield City Centre.

• Located to the northwest of Sheffield City Centre.
• The site extends to 0.17 acres gross.
• Indicative scheme for 51 apartments.

Location
The site is situated to the northwest of Sheffield City Centre. Located between Netherthorpe Road to the north and Well Meadow Street to the south. The site is accessed via Well Meadow Drive and is of irregular shape and sloping from southeast to southwest. Sheffield Train Station is located 1.1 miles to the southeast, which is approximately a 25 minute walk. The site is situated just a short walk to the University of Sheffield, which is located under half a mile to the southwest.

The surrounding area is mostly made up of residential uses with some commercial uses to the east. Adjacent to the subject site is The Tilt Works, a 284 unit Build to Rent scheme by Grainger. Neighboring that is Century Square, a 305 bed PBSA scheme by IQ.

Planning
The site doesn’t have planning permission.

Architects Leach Rhodes Walker have produced a feasibility study for the site, which allows for 51 apartments within an eight storey building. The area schedule comprises of 24 one beds, 24 two beds and 3 three bed apartments. Copies of the feasibility study are available within the dataroom.

Method of Sale
The subject site is for sale by way of Private Treaty; however we reserve the right to conclude the marketing by an Informal Tender process.

Viewings
Interested parties are strictly prohibited from accessing the site without our permission. Once permission is granted parties can access the site at their own risk and must take the necessary safety procedures when doing so, including the wearing of appropriate Personal Protection Equipment.

Offers
Offers are invited on a conditional and unconditional basis.

The vendor does not undertake to accept the highest or any offer.

Further Information
Please contact JLL to gain access to the dedicated dataroom to view/download all available documents, which include :-
• Feasibility studies
• Technical information
• Title information

Title
The property is registered at H M Land Registry with title number SYK235441. We understand the property is owned on a Leasehold basis from Sheffield City Council with circa 41 years remaining on the lease. The site will be sold with clean title and vacant possession.