Park Hill (Retail/Leisure)

South Street, Sheffield, S2 5QY

Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - image.jpeg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.45.47.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Park Hill Phase - Windows.jpeg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.41.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.20.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.03.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - park_hill_V9A8201_3_2_3840x2560_266af02556daa14ea52d6f54f7c85fc4.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - image.jpeg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.45.47.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Park Hill Phase - Windows.jpeg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.41.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.20.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - Screen Shot 2017-05-31 at 23.48.03.jpg
Park Hill (Retail/Leisure), Sheffield, Other / Retail To Let / For Sale - park_hill_V9A8201_3_2_3840x2560_266af02556daa14ea52d6f54f7c85fc4.jpg
BOTH UNITS: UNDER OFFER
Property Type Other / Retail
Tenure To Let / For Sale
Size 1,395 sq ft
Price £175 per sq ft ex
Rent £16 per sq ft
Business Rates TBC
Service Charge TBC
Energy Performance Rating This property has been graded as C

The most eagerly awaited scheme in Sheffield is now available. Your chance to purchase a piece of history

Key Points

  • The next phase of the highly regarded Park Hill regeneration
  • Suitable for retail/leisure
  • At ground floor
  • Be part of Europe's largest listed building
  • Cutting edge Brutalist design

Available area

Please note: - All figures are GIA sqm - Non-residential areas measured from 1:200 scale information - Commercial units have been measured to maximum subdivision. If fewer subdivisions, areas will increase due to increased stair slab infills and fewer party walls - Party walls have been measured as 250mm thick - Entire staircases have been measured per floor

Description sq ft Availability
Unit 4 & 5 - Level 5 1,111 Under Offer
Unit 6 & 7 - Level 5 1,395 Under Offer

Location

Park Hill is like no other place. Iconic is an overused term, but it really does apply to Park Hill. Completed in 1961, the Grade II* Listed Park Hill (the largest Listed structure in Europe) is a landmark on the Sheffield skyline atop one of the city's seven hills immediately to the east of the mainline railway station and city centre. It is already full of character and Urban Splash want to continue to create a world class landscape, inside and outside its walls. Urban Splash want to create a real community - with homes, workspaces, art and more green space then ever in shared gardens. Phase 1 laid the foundations; Phase 2 (already partly-occupied) will deliver the destination.

Availability and Specification

Units 4&5 are under offer to a modern barbers. The commercial unit that remains is available on the ground floor and would suit any retail/leisure business.

Phase 2 is the continuation of Urban Splash's redevelopment of the estate. It will provide around 195 new homes, a new resident's garden and over 20,000 sq ft of mixed use commercial space, including offices and cafes. Phase 1 of Park Hill boldly paved the way for renewal and stripped the building back to it's concrete frame. Their approach to Phase 2 - working in partnership with Places for People, landscape architects Grant Associates and award-winning architects Mickhail Riches - is lighter in touch, keeping as much of the existing fabric as possible while introducing some colour. The original brick facades are being retained - part of the original features.

The landlord will “white box” the remaining unit which will include the following works:
- Floor screed
- Construct a fire rated separation between the adjoining unit to create the unit
- Plaster block work and stud walls
- Fire protection on the ceiling to provide 2hrs fire protection
- DDA compliant WC
- New electrical distribution board

Importance of "Community"

Key to Urban Splash is the creation of "a community" at Park Hill.  Part of this is having great people in the workspaces such as South Street Kitchen, the Grace Owen Nursery, Human, Warp Films, Airship, Alpha Recruitment, Content OD, Pukator, Kada Research, AAD Architects, Can Studios, 12 Miles North and Hive IT.  

Most recently, The Pearl has opened (see: https://www.pearlatparkhill.co.uk). It is the first local to open on the estate since the closure of the four estate pubs. Park Hill also proudly accommodates S1 Art Gallery.  This sits in the centre of the site in a temporary residence, but will be relocated as part of the Phase 4 development.  

So you can see, Park Hill is very much a continuing story... why not make your business part of it?

Tenure

Each unit is available to purchase on new 250 year long leases.
The ground rent will be based on 50p per sq ft per annum and index linked with reviews every 10 years.
A service charge will also be levied.
Alternatively, each unit is available to rent on a new FRI lease.

Timing

Whilst construction of Phase 2 is more or less completed, completion of the main scheme is ongoing. Why not be part of the story!

Viewings

Via Tim Bottrill (please see contact details below).