Summary
Freehold City Centre Building over Basement, Ground Floor and Four Upper Floors
The property occupies a prominent position on High Street, a busy retail area close to the pedestrianised shopping area of Fargate in Sheffield City Centre.
The immediate area benefits from excellent transport links with High Street being located along a central tram and bus route.
High Street comprises a variety of shops and leisure occupiers and tenants in the immediate vicinity include Santander, Sainsbury's, Halifax, Natwest, Wetherspoons, McDonalds, Sports Direct, Boots, and many more.
For further information or viewings, please contact joint agents:
Francois Neyerlin at SMC Chartered Surveyors
Email:
Martin Crosthwaite at Crosthwaite Commercial
Email:
Rateable Value
Zero rates payable until 1st April 2021 as a Government tax break following the Covid-19 Pandemic for for retail, hospitality and leisure businesses.
Prior that and from information obtained from the Valuation Office Agency websites the demise is rated as follows:-
Address: 26-28 High Street, Sheffield, S1 2GE
Description: Offices and premises
Rateable Value: £122,000.
Interested parties are advised to make their own enquiries with the local authority for verification purposes.
Availability / Splitting
The client may consider letting the ground floor separately from the upper floor to suit requirements. For more information please get in touch.
The premises are understood to have A2 consent. A planning consent was granted for conversion of the 2 upper floors to residential (4 x 2 bed flats) however this was not implemented and has now lapsed.
Under the changes to the Use Classes Order effective from 1st September 2020, we understand that these premises now benefit from an E class planning consent. This allows the premises to be used for the former A1 (retail), A2 (financial and professional services), A3 (restaurant), B1 (offices) and D1 (clinics, health centre and day nursery) uses, without the need for a change of use.
Interested parties are advised to satisfy themselves with Sheffield planning authority that their use is acceptable under these new changes.
Residential Potential
A feasibility assessment has been carried out showing potential for conversion of the upper floors to 6 flats (2 x 1 bed and 4 x 2 bed). Further details can be provided upon request.
Prominently located in Sheffield city centre close to Fargate shopping are
E Class planning consent (allows A1, A2, A3, B1 & D1 Uses)
Nearby occupiers include; Sainsbury's, Halifax, Natwest, McDonalds, Sports Direct, amongst many more
Freehold (For Sale) or Leasehold (To Let) options available
Potential for residential conversion of upper floors