Description
LOCATION:
This prominent corner retail unit forms part of the successful AQH Q4 residential scheme located at the junction of Scotland Street with Edward Street in the fast developing new ‘student village’ in the heart of Sheffield city centre.
In the immediate surrounding area there are countless number of new city living and student led residential schemes including developments such as Opal’s Atlantic 1, 2 and 3, Impact, Ashton Works, Aspect 3 and Sheffield’s new Westgate Quarter is starting on site adding further student, key worker and offices into this part of the city.
In all there must be in excess of 5,000 residents in the immediate surrounding area yet, apart from a somewhat tucked away Tesco Express, there are few other amenities for the local residents to shop for daily needs goods or relax in say a themed bar/restaurant or coffee shop.
This is an opportunity waiting to happen.
DESCRIPTION:
The property is question comprises a predominantly open plan ground floor retail unit, currently in shell condition, but with all mains services ( except mains gas) laid on and ready to tap into for the potential occupier.
The unit enjoys an impressive frontage onto Edward Street of a massive 64 feet with a shorter return frontage onto Scotland Street.
Subdivision of the unit into 2 smaller retailing opportunities will be considered, subject to planning.
ACCOMMODATION:
The building provides the following approximate floor area:
TOTAL APPROX. 2,900 sq.ft.
RATING:
The property is not yet entered in the 2010 VOA rating list.
PLANNING:
We understand that the unit benefits from an A1 Planning Consent, a copy of which can be made available to potentially interested parties
SALE & LEASE OPTIONS:
The premises are available on a new FRI Lease for a term to be agreed. Any Lease will incorporate 5 yearly rent reviews. Alternatively, a long leasehold disposal is available – further details on request.
RENT FREE PERIOD:
A generous rent free period will be offered to the incoming tenant, subject to status, to assist in fitting the premises out ready for occupation.
ANNUAL RENTAL:
The commencing annual rental is negotiable and open for discussion. Any rental figure agreed will be on the basis that it is exclusive of business rates and VAT.
VIEWING:
Is by prior appointment via the sole retained agents: -
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