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50 High St
Sheffield S1 1QH

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • The City of Sheffield is the principle commercial centre in South Yorkshire
  • The subject property benefits from a GIA of 99,782 sq ft (9,270 sq m) of existing accommodation at first to fourth floors
  • Consent granted for 330 new student bed spaces (38 cluster and 63 studios) with communal, ancillary and access facilities
  • Located opposite the main Sheffield Hallam Campus in the heart of Sheffield city centre.
  • Existing planning permission approved for the development of 121,796 sqft (11,315 sqm) GIA of student accommodation
  • New long leasehold interest of 250 years, with full vacant possession of the upper floors offered, (Subject to service charge)

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Building Class B
Lot Size 3.13 AC
Gross Leasable Area 45,280 SF
No. Stories 7
Year Built 1975
APN / Parcel ID
SYK331673
  • SYK520745
  • SYK614071
  • SYK614644
  • SYK615072

AMENITIES

  • Security System
  • Signalized Intersection
  • Listing ID: 22656043

  • Date on Market: 4/6/2021

  • Last Updated:

  • Address: 50 High St, Sheffield S1 1QH