Sheffield, S1 4GF
Property Type | Other / Restaurant / Cafe / Retail |
Tenure | Lease Assignment |
Size | 1,647 sq ft |
Rent | £37,500 per annum The unit benefits from half rent (£18,750 pax) until 3rd August 2025. |
Business Rates | £23,827.25 per annum |
Service Charge | £2,185 per sq ft There is a cap of £2,500 per annum. |
Energy Performance Rating | This property has been graded as C (54) |
The subject property comprises a self-contained retail unit with a return frontage to Carver Street, the unit is now empty and vacant possession is available as an assignment of the existing lease from Creams. The premises are mainly on the Ground Floor with access to a rear service yard for secure loading. The first floor extends to a small kitchenette and toilet for staff and a store room.
The accommodation comprises the following areas:
Name | sq ft | sq m | Rent | Availability |
---|---|---|---|---|
Ground - Retail | 1,412 | 131.18 | £37,500 /annum | Available |
1st - Storage/Ancillary | 234 | 21.74 | - | Available |
Total | 1,646 | 152.92 |
Sheffield is England’s fourth largest city, with a population of over 569,000 and an economy worth over £11bn. Sheffield’s economy is a driving force for a city region of over 1.8m people. An international city with two world class universities and over 60,000 students.The subject property is located on Division Street located in the Devonshire Quarter of the City Centre, with a high footfall linking the residential area of the city to the centre.
Nearby occupiers include Rudy's pizza, Sainsburys Local, Café Nero, 200 Degrees, Brewdog, Turtle Bay, Pitcher & Piano, Mojo and Pieminster. The unit is located just north of the city centre’s Heart of the City Project – redevelopment of part of the are creating 1.5m sqft of new individually designed & repurposed buildings surrounded by enlivened streets and public spaces plus a new urban park. Due to complete early/mid 2023. Please see the link below.
The subject property benefits from A1 (shop) use now defined as E(a) Retail.