SHEFFIELD CITY CENTRE RETAIL UNIT WITH UPPER FLOORS

Key Points

• Prominently located retailing location close to Fargate shopping centre in Sheffield city centre
• High pedestrian footfall with excellent tram and bus routes
• Class E Use (old A1 consent) with potential for other uses (STP)
• Nearby occupiers include; Sainsbury's, Wendy's, Lidl, Halifax, Natwest, McDonalds, CEX amongst many more
• Available on a new lease

Description

The property comprises accommodation over three storeys. The property was most recently occupied by a technology and entertainment retailer.

The ground floor provides open plan space, with upper floors for ancillary stores / offices. The staircase to the front of the main ground floor area has not been reinstated, and access to the upper floors is provided via a staircase to the rear.

Location

The subject premises occupy a prominent position on High Street, a busy retail pitch close to the prime 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 Sainsburys, Halifax, Natwest, Wendy's, Wetherspoons, McDonalds, Lidl, German Doner Kebab, Glory Holes, Kommune, and many more.

Accommodation

The property is over ground, first and second floor level:

Ground Floor Retail: 1,195 sq ft, 111 sq m
First Floor: 1,499 sq ft, 139.30 sq m
Second Floor: 1,625 sq ft , 151 sq m

Rateable Value

From information obtained from the Valuation Office Agency website the demises are rated as follows:-

Address: 33, High Street, Sheffield, S1 2GA
Description: Shop and premises
Rateable Value: £35,750 (from April 2023)

Interested parties are advised to make their own enquiries with the Local authority for verification purposes.

The 2023/24 Retail, Hospitality and Leisure Business Rates Relief scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business. We would advise interested parties to carry out their own checks. More information can be found here: https://www.gov.uk/government/publications/business-rates-relief-202324-retail-hospitality-and-leisure-scheme-local-authority-guidance

Planning

The premises are understood to have A1/A2 consent. Under the changes to the Use Class 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), 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 the Sheffield planning authority that their use is acceptable under these new changes.

Lease Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed.

Rent

£35,000 pa. We are informed VAT is NOT payable on the rent.

Viewing Arrangements

Viewing Arrangements
For further information or viewings, please contact the sole agent:
Francois Neyerlin
Telephone: 0114 281 2183
Email: francois.neyerlin@smcbrownillvickers.com