Commercial Street, Sheffield, S1
Size
1,033 - 5,159
Tenure
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EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
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
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.
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Commercial Street, Sheffield, S1
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.
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