SMC Chartered Surveyors have let 928 Ecclesall Road in Sheffield.
SMC acted as joint agents with Crosthwaite Commercial, on behalf of the landlord, Sherazi Property Management.
The property located at the top of Banner Cross had been occupied as a Lloyds bank for many years. After becoming empty SMC sought a new commercial tenant for the ground floor and basement space with or without the upper floors.
The deal has been a long time coming after terms were agreed just prior to start of the covid-19 pandemic. Thankfully the deal progressed as restrictions eased and following the granting of a change of use for the ground floor as a bar and restaurant earlier in the year. A new 10 year lease has been agreed for a bar and restaurant use on the ground floor.
The tenant is now undertaking bar fit out works and intends to open in the Autumn.
The landlord will carry out works to convert the upper floors into two residential units.
Do you have a vacant property on Banner Cross you need to re-let? SMC can provide commercial agency advice! Please get in touch or call us for further assistance with any commercial property matters you may have on 0114 281 2183.