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50 High St, Sheffield

Retail storefront for sale in Sheffield

£4,000,000 / 8,266 sq ft

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Highlights

Features

Full address
50 High St, Sheffield S1 1QH – Sheffield
Asking price
£4,000,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available, measuring 8,266 sq ft.

1st floor - Unit 50 - Office Available

Unit
1st floor - Unit 50
Size
8,266 sq ft
Price
£4,000,000
Price per sq ft
£483.91
  • The ground floor retail, currently let to Sports Direct, British Heart Foundation and Poundland, is to be retained by the vendor.
  • Seperate access is provided to the upper parts.
  • The property has the benefit of a planning consent for the full development of 330 bed spaces (provided in 38 cluster flats and 63 studios) with communal, ancillary and access facilities, and may suit other uses such as hotels and residential subject to necessary consent.
  • The consent granted allows for an additional two floors to be added at the property creating a total for the new development of 121,795 sq ft (11,315 sq m).
  • The vendor will be disposing of a new 250 year leasehold interest to the upper parts, subject to service charge agreements.
Sale conditions Expansion, Redevelopment Project
Sale type Investment
Tenure Long leasehold
Use Office
Unit details The property was formally a department store comprising a substantial building of 99,782 sq ft (9,270 sq m) GIA at first to fourth floors sitting over three large retail units at ground floor level fronting on to the High Street and Arundel Gate.

Property facts for 50 High St, Sheffield

The property is prominently situated in the heart of Sheffield city centre, on the corner of the High Street and Arundel Gate and backing onto the main Sheffield Hallam university campus. The High Street provides part of the city’s main retail pitch that stretches from the High Street, through Fargate and to the Moor. In addition the High Street provides a principle route for main Bus and Tram Services connecting the Centre of Sheffield to the surrounding areas. The City of Sheffield is the principle commercial centre in South Yorkshire and is situated approximately 35 miles (56 km) south west of Leeds and 39 miles (62.7 km) east of Manchester. The City is famous for popular attractions such as The Winter Gardens, The Crucible Theatre and the Peak District and both the University of Sheffield and Sheffield Hallam University. Rail links in Sheffield are also strong with regular direct services to Manchester (51 minutes), Leeds (41 minutes), Nottingham (46 minutes), Birmingham (1 hour 4 minutes) and London (2 hours 4 minutes). The City further benefits from modern local public transport systems to include a railway service, Supertram and local bus network. The city has a large student population and is home to approximately 10,000 international students, centered by two world renowned University’s.

Building subtype
Retail storefront
Number of storeys
7
Total building area
99,782 sq ft
Rentable building area
99,782 sq ft
Lot size
1.1 acres
Construction material
Masonry
Year built
1975
Parking
Surface, Covered

Map & nearby

50 High St, Sheffield

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Meet the team

Sanderson Weatherall LLP

  • A profile photo of Richard Dunn Richard Dunn
  • A profile photo of Peter Heron Peter Heron
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Sanderson Weatherall LLP. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sanderson Weatherall LLP for full details and further information. 8499774