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Telegraph House 11-23 High St 29,281 SF 94% Leased Retail Building Sheffield S1 2GE $3,266,880 ($111.57/SF) 10.92% Cap Rate

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Investment Highlights

  • The property provides a Grade II Listed, mixed use building.
  • The property is 94% let to six tenants including Sainsbury’s, VPZ and German Doner Kebab.
  • Located on The High Street in Sheffield City Centre which provides a primary retail pitch.

Executive Summary

Telegraph House comprises an attractive Grade II Listed building. The property was constructed between 1913 and 1916 and originally served as the headquarters for the Sheffield Telegraph and Star newspapers. The property was later refurbished and converted to provide a ground floor retail parade with offices at first and second floor and residential accommodation above.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
29,281 SF
Building Class
B
Year Built
1890
Price
$3,266,880
Price Per SF
$111.57
Cap Rate
10.92%
NOI
$356,736
Percent Leased
94%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.32
Lot Size
0.29 AC
Frontage
155’ on Aldine Court

Amenities

  • Bus Line
  • Security System
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,835 SF
  • Office
  • -
  • Now

One suite remaining of 1,835 sq.ft on the first floor. The space has recently been redecorated and would be ideal for clinical or medical use given the layout and the fact that there are already a number of individual rooms formed as part of the layout, with the benefit of LED lighting and suspended ceilings. In addition, the unit would also be suitable for a variety of other uses including leisure, office, tattoo studio, retail or gym, subject to planning.

Space Size Space Use Position Available
1st Floor 1,835 SF Office - Now

1st Floor

Size
1,835 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 1,835 SF
Space Use Office
Position -
Available Now

One suite remaining of 1,835 sq.ft on the first floor. The space has recently been redecorated and would be ideal for clinical or medical use given the layout and the fact that there are already a number of individual rooms formed as part of the layout, with the benefit of LED lighting and suspended ceilings. In addition, the unit would also be suitable for a variety of other uses including leisure, office, tattoo studio, retail or gym, subject to planning.

Nearby Major Retailers

Starbucks
Lidl
Coventry Building Society
Santander
Bank of Scotland
Lloyds Bank
German Doner Kebab
Cosy Club
Turtle Bay
Slug & Lettuce Company
  • Listing ID: 35961777

  • Date on Market: 5/23/2025

  • Last Updated:

  • Address: 11-23 High St, Sheffield S1 2GE

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