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Telegraph House 11-23 High St 29,281 SF 93% Leased Retail Building Sheffield S1 2GE $3,664,077 ($125.13/SF) 9.53% 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
$3,664,077
Price Per SF
$125.13
Cap Rate
9.53%
NOI
$349,187
Percent Leased
93%
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
  • 1,996 SF
  • Office
  • -
  • Now

One suite remaining of 1,996 sq.ft on the first floor. The suite benefits from air conditioning, LED lighting, a kitchen, demised WC’s and a door access system. The suite is arranged as a number of private offices and an open plan area. The space is in need of a refurb and an incoming tenant can have an input into this. The common areas of the building have recently been refurbished.

Space Size Space Use Position Available
1st Floor 1,996 SF Office - Now

1st Floor

Size
1,996 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 1,996 SF
Space Use Office
Position -
Available Now

One suite remaining of 1,996 sq.ft on the first floor. The suite benefits from air conditioning, LED lighting, a kitchen, demised WC’s and a door access system. The suite is arranged as a number of private offices and an open plan area. The space is in need of a refurb and an incoming tenant can have an input into this. The common areas of the building have recently been refurbished.

NEARBY MAJOR RETAILERS

Caffè Nero
Starbucks
Lidl
Heron Foods
Bank of Scotland
NatWest
Lloyds Bank
Virgin Money
Coventry Building Society
Santander
  • Listing ID: 35961777

  • Date on Market: 5/23/2025

  • Last Updated:

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

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