Prime Ground Floor Retail Unit with return frontage on Haymarket in Sheffield City Centre

Key Points

• Prominently located on Haymarket / Dixon Lane corner in Sheffield city centre
• Historic A1 retail use, now E class planning consent (allows A1, A2, A3, B1 & D1 Uses)
• High pedestrian footfall with excellent tram and bus routes
• Available on a new lease
• Nearby occupiers include B&M Bargains, Wilkos, Subway, KFC, McDonalds and many more

Description

The property comprises a large ground floor retail space within a prominent city centre building. The internal accommodation includes an open plan sales area with a rear store. There is a shared loading area to the rear with access from Dixon Lane. The property benefits from a corner return frontage to Haymarket and Dixon Lane. Maximum width of shop frontage is approximately 10.16m and maximum depth is 22.8m.

Location

The property is located at the top of Haymarket in Sheffield city centre. The property is located close to Dixon Lane and Commercial Street, within the Castlegate area which includes King Street, Castle Street, Dixon Lane and Exchange Street. The area is within close proximity to tram, train and bus routes as well as various shops and amenities.

The property is located close to Dixon Lane and Commercial Street. Nearby occupiers includes Subway, Wilko, B&M, Boylesports, and Heron Foods.

Rateable Value

The ground floor would need to be accessed for rating purposes. 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 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 department that their use is acceptable under these new changes.

Lease Terms

The property is available on a new full repairing and insuring lease for a term of years to be agreed.

Rent

£45,000 per annum. We are informed VAT is payable on the rent.