Summary
Substantial building fronting pedestrianised open square in Sheffield city centre
Location
The property fronts the newly pedestrianised Fitzalan Square in Sheffield city centre. The location is very close to Haymarket and Commercial Street and has excellent accessibility to a number of bus and tram routes. Improvement works to Fitzalan Square are part of a project to transform the area which runs from the Cultural Industries Quarter.
The area includes a number of national and local commercial occupiers including KFC, Cooplands, Betfred, easyHotel, Wilkinson, etc. Sheffield Institute of Arts is also located on Fitzalan Square.
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 the information obtained from the Valuation Office Agency website we understand the demise is rated as follows:-
Address: William Hill Ltd, Fitzalan Square, Sheffield, S1 2AY
Description: Betting shop and premises
Rateable Value: £25,250
We would advise prospective parties to verify the matter with the local rating office.
Planning
The property was most recently used as a betting office. We would anticipate the property would be suitable for a variety of retail/restaurant/cafe/bar uses, although we would recommend interested parties make independent enquiries.
Lease
The property is available to let by way of a new full repairing and insuring lease for a term to be agreed.
Rent
£30,000 per annum.
Prominent building with accommodation over three levels
City centre location providing good access to train and bus terminals
Very deep ground floor shop unit and versatile ancillary space
Parking and loading / delivery access
Listed Features
- General Retail
- No FRI Lease
- Office
- Parking
