Berkeley Centre, Berkeley Precinct, Ecclesall Road, Sheffield, S11 8PN
Size
26,517
Tenure
Freehold
EPC
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Parking
86
- Primary use
- Shopping centre
- Other use(s)
- High street retail
- Frontage
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Key features
- Rare opportunity to acquire a prominent retail parade convenience-led retail parade on Ecclesall Road.
- Ecclesall Road is a premier shopping destination, with local retailers including M&S, Nando’s, Pizza Express, Waitrose, Oliver Bonas and Starbucks.
- Fully let to five tenants, including Tesco and Boots, providing a WAULT to expiry 7.55 years and a WAULT to break of 4.48 years.
- Established national operators with convenience-led footfall underpinned by Tesco with new reversionary lease until 2036.
- Total income of £567,853 per annum reflecting a low and reversionary rent of £21.41 per sq ft.
- 26,517 sq ft (NIA) arranged over ground and part first floor.
- Freehold
Description
The centre provides ground floor retail space with residential accommodation on the upper floors (sold off on a long leasehold). All retail units are traded over the ground floor and are serviced to the rear of the property, except Tesco who occupy the ground and first floor.
The property is well located on Ecclesall Road (A625), one of the main roads providing access to the city centre. It is situated 1.5 miles south west of the centre in the suburb of Ecclesall, home to affluent families and students. The road is regarded as a strong retail and leisure pitch outside of the core city centre.
The property is situated in the central hub of Ecclesall Road nearby to Sheffield Hallam University’s Collegiate Campus, Sheffield Botanical Gardens and Endcliffe Park. National occupiers on Ecclesall Road include M&S, Oliver Bonas, Waitrose, Starbucks, Mowgli, Nandos, Pizza Express, Tesco, Boots, Costa and Futon Company. Notable local retailers include Arnold & Co and Say Paloma.
The subject food store is the primary foodstore on Ecclesall Road, offering the largest private car park.
- Service charge
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- Business rates
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- Use class
- E
- 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
Berkeley Centre, Berkeley Precinct, Ecclesall Road, Sheffield, S11 8PN
About Newmark, West End - Industrial
Newmark in the UK provides innovative, bespoke advisory across the full spectrum of commercial real estate services to a wide range of clients; many of the world’s most successful companies trust us with every aspect of their real estate. Newmark’s UK business includes entities that operated previously as BH2, Gerald Eve and Harper Dennis Hobbs (HDH).
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Disclaimer - Property reference 399522-1. 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 Newmark, West End - Industrial. 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.