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Retail Units & Shops

South Yorkshire

Sheffield

property

Let

Unit 3 Carmel House, Fargate, Sheffield, S1 2HD

Use Class

Rent pa

POA

Market Sector

High Street Scheme

Description

Significant, prime retail / F&B / leisure unit

Location

Carmel House is a landmark building at the top of Fargate, the city centre’s prime retail pitch, close to the junction with Pinstone

Street and opposite Orchard Square Shopping Centre.

Occupiers in the immediate vicinity include H&M, Superdrug,

Marks & Spencer, W H Smith, Metro Bank and Vision Express.

Sheffield City Council’s Heart of the City development

( heartofsheffield.co.uk ) is a mixed use retail / leisure / office

/ residential scheme ( £470 million / 1.5 million sq ft), close to

completion adjacent to the top of Fargate / Pinstone Street.

The REPOSITIONING OF FARGATE TO ATTRACT RETAIL, F&B

AND LEISURE USES MEANS THE UNIT HAS SIGNIFICANT

APPEAL, SUBJECT TO PLANNING / LICENSING.

ThIS INCLUDES MAJOR IMPROVEMENTS TO THE PUBLIC

REALM, TO COMPLETE BY CHRISTMAS 2024.

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Accommodation

Areas

Sq.Ft

Sq.M

Ground Floor

2,528

234

Basement / Storage

7,947

738

Downloads

Brochure

Unit 3, Sheffield - Brochure 2024-08-06-14-16-34

Brochure

Unit 3, Sheffield - Brochure 2024-08-06-14-16-42

More Information

Website

Financial

Lease Type

New Lease

Lease Term

Subject to contract, the unit is available by way of a new effectively full repairing & insuring lease for a term to be agreed.

Rent

Details on application.

Rates

£192,000 (2023). Interested parties should verify the Rateable Value & rates payable with the Local Authority.

Service Charge

The service charge for the period 24 June 2023 to 23 June 2024 is £12,200 + VAT.

Sustainability

Energy Performance Certificate

Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.