Nursery Street: prime development opportunity

A must see for developers, Nursery Street is an exciting redevelopment property that has just come to market in Sheffield!  In terms of location, it is in close proximity to Riverside Exchange and the vibrant area of Kelham Island, with new riverside walkways and bridges providing a link to these popular destinations.

What’s on offer? The property comprises an existing 2 storey building on a site of circa 0.154 acres, which includes the adjoining plot (formerly a pub, now demolished). We understand that an area for an external bar terrace in the adjoining park could be made available on a licence (subject to the necessary consents).

What could you do with it? In brief, we believe that a building of 5-6 storeys could be appropriate and the following uses would be acceptable in principle:

– Small convenience shop to serve the local area (use class A1 <280sqm sales area)

– Office/studios (B1 or B1c)

– Residential (C3)

– Hotels (C1)

– Food and drink uses (A3/A4)

– Community, leisure and recreation (D1 & D2). (Note thought that retail that is likely to be similar to that found in the proposed Sheffield Retail Quarter will not be supported).

See our website for more details, including Heads of Terms and information on what the purchaser will be expected to do https://colloco.co/find-a-property/properties/968-nursery-street-sheffield

The closing date for final bids is 31st May 2019.

 

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