Phase 2, Park Hill

South Street, Sheffield, S2 5QY

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Just Launched!!!
Property Type Retail / Offices / Other
Tenure To Let / For Sale
Size 495 to 9,390 sq ft
Price £150 per sq ft ex
Rent £13 per sq ft
Business Rates TBC
Service Charge TBC
Energy Performance Rating Upon enquiry

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

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 will deliver the destination.

Key Points

  • The next phase of the highly regarded Park Hill regeneration
  • Suitable for office/retail/leisure
  • Units from 495 sq ft
  • Be part of Europe's largest listed building
  • Cutting edge Brutalist design
  • Urban Splash: proven track record as developer

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

DescriptionSq ftAvailability
Unit 1 - Level 4/5 1,269 Under offer
Unit 2 - Level 4/5 2,367 Under offer
Unit 3 - Level 4/5 1,441 Available
A3 Unit - Level 4/5 3,077 Available
Unit 4 - Level 5 495 Available
Unit 5 - Level 5 559 Available
Unit 6 - Level 5 656 Available
Unit 7 - Level 5 796 Under offer
Unit 8 - Level 6/7 1,851 Under offer
Unit 9 - Level 6/7 1,118 Under offer
Unit 10 - Level 6/7 1,527 Available
Unit 11 - Level 6/7 1,291 Under offer
Unit 12 - Level 6/7 1,387 Under offer
Unit 13 - Level 6/7 1,118 Under offer
Unit 14 - Level 6/7 1,635 Available

Availability and Specification

The availability schedule above identifies a theoretical split of the space. The internal walls will not be constructed until deals are completed. Therefore you have the choice of taking multiple units across multiple floors.

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 commercial space is being finished to a shell specification with capped services. This will allow occupiers to fit the space out to reflect their businesses and personalities.

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.  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

The units will 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, units are available to rent on new FRI leases.

Timing

Construction of Phase 2 started towards the end of 2018. Completion of the main scheme will be Q4 2021.