Sheffield, S1 2DS
| Property Type | Investment / Offices / Other |
| Tenure | For Sale |
| Size | 4,715 sq ft |
| Price | Offers from £810,000.00 |
| Business Rates | Upon Enquiry |
| Energy Performance Rating | Upon enquiry |
The spaces within the property comprise the following:
| Floor/Unit | Description | sq ft |
|---|---|---|
| Building | 32-34 Bank Street | 2,204 |
| Building | 36-38 Bank Street | 671 |
| Building | 36-38 Bank Street | 1,840 |
| Total | 4,715 |
The property is located in the Cathedral Quarter in Sheffield city centre. The Cathedral Quarter has witnessed a renaissance in recent years with a number of substantial buildings being converted into private residences. The property is a stone's throw from Fargate and thus enjoys fantastic transport links in terms of tram and bus stops. There is also on street and multi-storey car parking immediately nearby.
The premises were formerly used by Bank Street Arts, providing a mix of small studios, galleries, offices and workshops arranged around 2 courtyards. The property has been sensitively refurbished to a high contemporary standard to provide:
- 2 upper floor apartments with 4 ground floor studios and basement storage area ("36-38 Bank Street")
- a refurbishment/renovation opportunity (with planning permission for residential conversion) ("32-34 Bank Street")
The property is located to the rear of 36-38 Bank Street. With the benefit of planning permission for residential conversion, it is ready for refurbishment or conversion into apartments, offices or studios. This affords the purchaser the opportunity to maximise value.
The property is currently split into a basement, 3 studios at ground and a further 4 studios at first floor. It also enjoys access to the shared internal courtyard.
The property comprises a 3 storey listed building fronting Bank Street. Sympathetically refurbished, it comprises 4 fully let, income producing studios at ground floor, with 2 self-contained 3-bedroom apartments on the first and second floors. These are let out via AirBNB and are currently letting well. There is also a basement area currently used for storage.
Accessed from Bank Street, the refurbishment work is of quality with each apartment having it's own distinct modern style.
Further details are available upon request, which includes planning permission references, access information, a breakdown of sizes, AirBNB listing details, etc.
