Palace Auctions (London) LTD, London

Eau De Vie Leisure, Church Street, City Centre, Sheffield

Guide price

£550,000

Auction

Size

1,738 - 8,690

Tenure

Freehold

EPC

Ask agent

Parking

2

Primary use
Bar or nightclub
Other use(s)
Serviced office, Traditional office, Residential development, Commercial development

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Transport links
  • Well connected
  • Basement
  • Natural light
  • Open plan
  • Partitioned offices
  • Raised floor
  • Communal areas

Key features

  • Grade II listed building of special architectural & historic interest, retaining original late-Victorian character and subject to heritage preservation requirements.
  • Substantial 8,690 sq ft of accommodation arranged over 5 floors, offering significant scale for a city centre development scheme.
  • Originally built in 1890 and renovated in 2014, blending Victorian period character with a modernised structural base ready for further works.
  • Prime city centre location on the corner of Fargate & Church Street, Sheffield — one of the city's highest-footfall pedestrian areas.
  • Situated directly opposite Sheffield Cathedral, adjacent to major retail & leisure amenities, providing an iconic and highly visible setting.
  • Guide price £550,000+. Offered freehold by public auction — a rare chance to acquire a landmark building at a fixed, transparent sale process.
  • Exceptional redevelopment potential: suitable for residential, offices, hotel, retail or leisure use, subject to obtaining planning permission.
  • Vacant and ready for immediate redevelopment, with vacant possession offered on completion — no ongoing lease obligations to navigate.
  • Imposing stone façade with ornate Victorian detailing, grand banking hall, high ceilings and original cornicing — landmark architectural presence.
  • Typical floor size of 1,738 sq ft offers flexible, efficient floorplates adaptable to a wide range of residential or commercial layout configurations.

Description

Former Grade II Listed Bank For Sale by Auction — 20 Church Street, Sheffield City Centre, S1

Guide Price £550,000 — Auction 23rd September 2026

A rare Grade II listed development opportunity in Sheffield city centre, directly opposite Sheffield Cathedral. This landmark former bank offers approximately 9,910 sq ft across five flexible floors, ideal for residential conversion, hotel use, offices, or student accommodation, subject to planning consent.

The Property

Built in 1866–67 by architects Flockton and Abbott, this striking Victorian building sits on a prominent corner position at the junction of Church Street and St James Street. The property spans basement, ground, first, second, and third floors, with generous open-plan and cellular spaces throughout. Original features include ornate stonework, classical carvings, and large arched windows.

Currently vacant, the building offers a blank canvas for redevelopment, subject to listed building consent within the City Centre Conservation Area.

Development Potential

This former bank is well suited to a range of uses, subject to planning:

Residential conversion under Class MA Permitted Development Rights
Boutique hotel or aparthotel
Grade A office or mixed-use scheme
Purpose-built student accommodation, given proximity to both University of Sheffield and Sheffield Hallam University

Sheffield's Local Plan targets 38,000 new homes by 2039, and city centre residential demand remains strong.

The Location

Positioned in Sheffield's Cathedral Quarter, the property sits within walking distance of the £470 million Heart of the City II regeneration scheme, home to Grade A offices let to HSBC and DLA Piper, the Cambridge Street Collective food hall, and the Radisson Blu Hotel. Fargate, Orchard Square, and The Moor shopping district are all close by, alongside the Peace Gardens, Winter Garden, and Crucible Theatre.

Transport Links

Sheffield Supertram (Cathedral stop): under 100 metres
Sheffield railway station: approx. 10-minute walk, with direct trains to London St Pancras, Manchester Piccadilly, and Leeds
Easy access to the Inner Ring Road and M1

The Opportunity

With dual street frontages, exceptional footfall, and comparable Sheffield city centre auction sales ranging from £400,000 to £1.2 million, this guide price represents a compelling entry point for developers and investors. All development potential is subject to obtaining necessary planning and listed building consents.

To be offered by auction on 23rd September 2026 at Claridge's, Mayfair, London. Legal pack available on request.
Palace Auctions (London) LTD, London

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Contact Agent
Additional information
Service charge
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Business rates
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Use class
E, F2, Sui Generis
Year built
1890
Year renovated
2014
Listed building
Yes
Floors in building
5
Planning permission
None
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Eau De Vie Leisure, Church Street, City Centre, Sheffield

NEAREST STATIONS

London Tram

Cathedral Tram Stop

0.07 miles

London Tram

City Hall Tram Stop

0.11 miles

London Tram

Castle Square Tram Stop

0.19 miles

About Palace Auctions (London) LTD, London

Palace Auctions (London) LTD, London

Palace Auctions London is a leading property auctioneer, specialising in residential and commercial sales across all London boroughs and beyond. Our award-winning team combines unrivalled local expertise with global reach, offering both in-room and advanced online auctions for maximum exposure and certainty of sale. We provide transparent, competitive bidding, legally binding transactions, and a seamless process from expert valuation to completion—typically within 28 to 56 days.

Our services include free market appraisals, tailored marketing, legal pack preparation, and specialist advice for investors, developers, first-time buyers, and charities. With a 95% completion rate and record results in prime London areas, we deliver swift, secure sales and outstanding value for every client.

Contact our Mayfair office for a confidential discussion about your property needs.

11 Old Bond Street, London, W1S 4PN | 07971033276 or 0207 101 3647

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Disclaimer - Property reference SEPT01. 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 Palace Auctions (London) LTD, London. 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.