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Haymarket - Kings Tower 0.38 Acres of Commercial Land in Sheffield S1 2AW
INVESTMENT HIGHLIGHTS
- Prime City Centre Development Opportunity, benefitting from Full Planning Consent for delivery of 428 Co-Living Apartments
- The site benefits from Full Planning Consent for delivery of 428 Co-Living Apartments over 40-storeys (c. 0.38 acres)
- C&W are delighted to present a rare opportunity to acquire a prime City Centre development site in the heart of Sheffield
- The existing building includes the easyHotel which is let on a long leasehold.
EXECUTIVE SUMMARY
Cushman & Wakefield are inviting offers for the freehold interest of the property by way of informal tender. Offers are invited on an unconditional basis, however, will be considered on the basis of conditionality on resolution of the s73 application. A bid deadline will be set in due course. Please contact the selling agents for further information.
PROPERTY FACTS
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Commercial |
| Tenure | Freehold | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.38 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 0.38 AC |
| Lot Size | 0.38 AC |
Freehold. Part of the existing building, separate to the consented development, is let on a long leasehold to easyhotel Sheffield Limited at a peppercorn rent (999 years from December 2017).
DESCRIPTION
Sheffield is the UK’s most centrally located city region; situation adjacent to the M1 Motorway and sitting approximately 35 miles south of Leeds, 38 miles east of Manchester and 150 miles north of London. It is the 4th largest city in England with a population of c.585,000 across the district. The city is well connected to the national motorway network, with the M1 motorway to the east (approx. 5 miles) providing ease of access to the north and south of the country. Sheffield is also within a short distance of the M62 motorway, which provides an east to west connection linking Liverpool, Manchester, Leeds and Hull. Sheffield is ideally located within an hours drive of 4 international airports.
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Haymarket - Kings Tower
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