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Commercial Street, Sheffield, S1

POA
Crosthwaite Commercial Limited, Sheffield
SIZE AVAILABLE

1,033-5,159 sq ft

96-479 sq m

SECTOR

High street retail property for sale

Key features

  • For Sale - Retail Investment/Owner Occupier Opportunity
  • Established Retail Location in Sheffield City Centre
  • Suitable for a Variety Of Uses (Subject to Planning)
  • Four Ground Floor Units Available Totalling 7,658 sq ft
  • Bar/Restaurant/Retail/Office Opportunity
  • Upper Floors Being Converted To High Quality Flats
  • Prominent Building with Commercial Street Frontage

Description

LOCATION
The property occupies a prominent gateway location on Commercial Street - one of the key routes into Sheffield City Centre. Positioned moments from Park Square roundabout, it benefits from exceptional visibility and connectivity to the wider region.

The location is also a short walk from Sheffield's main transport interchange, providing strong footfall and accessibility via rail, Supertram and bus services - ideal for high street, leisure, food & beverage, and service-led commercial occupiers.

DESCRIPTION
This well-positioned city centre commercial parade provides a rare opportunity to acquire a mixed-use investment and part-vacant asset in one of Sheffield's most strategically connected commercial locations.

The property comprises a series of ground floor commercial units, some of which are income-producing with established occupiers, while the remaining vacant units offer scope for letting, reconfiguration or owner-occupation.

TENANCIES

16 Commercial Street - Vacant

18-20 Commercial Street - Vacant

22 Commercial Street - Tenanted unit let at £12,250 per annum with an expiry November 2027

24 Commercial Street - Tenanted unit let at £12,000 per annum with an expiry April 2029

A full breakdown of the tenancy schedule is available on request.

PRICE
Offers invited for the Long Leasehold (Virtual Freehold) interest. Alternatively
the premises are available to let on a new lease on terms to be agreed.

Unit 16 2,449 sq ft £125,000
Unit 18-20 2,855 sq ft £182,500
Unit 22 1,271 sq ft £122,250
Unit 24 1,033 sq ft £120,000

ENERGY PERFORMANCE CERTIFICATE
A full EPC will be provided.

LEGAL COSTS
Each party are to be responsible for the payment of their own legal fees in connection with this transaction.

MONEY LAUNDERING
In order to comply with Money Laundering Regulations, interested parties will be required to provide identification documentation.

Brochures

Commercial Street, Sheffield, S1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Fitzalan Square/Ponds Forge Tram Stop0.0 miles
  • Sheffield Hallam University Station0.1 miles
  • Castle Square Tram Stop0.1 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.

Notes

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Disclaimer - Property reference CommercialHus. 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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