38 Carver Street

Sheffield, S1 4FY

38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Street View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver St - Atrium.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Staircase.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Open Office View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Small Office View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Roof Terrace.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Office View 1.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Street View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver St - Atrium.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Staircase.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Open Office View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Small Office View.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Roof Terrace.jpg
38 Carver Street, Sheffield, Offices To Let - 38 Carver Street - Office View 1.jpg
Prime Opportunity
Property Type Offices
Availability To Let
Size 26,980 sq ft
Rent Rent on application
Energy Performance Rating Upon enquiry

A unique opportunity for a high quality business centre operator to secure a self contained striking building in Heart of The City

Location

38 Carver St sits in the centre of Sheffield City Centre and is a key part of the Heart of City redevelopment of Sheffield City Centre.
The property sits on one of the key axis of the site and provides a link from the already vibrant areas around Division St to the beating heart of the development around Charter Sq and the new HSBC headquarters at Grosvenor House.

Key Points

  • Unique opportunity for a business centre/co-working operator
  • Prime well located self contained building
  • Various lease structures available
  • Bids Deadline - 10th May 2019
  • A key part of the Heart of the City scheme

Available area

Floor / UnitSizeAvailability
G 2,833 sq ft Available
1st 7,501 sq ft Available
2nd 6,387 sq ft Available
3rd 6,448 sq ft Available
4th 3,811 sq ft Available
Totals  

The Building

38 Carver St is a 4 storey office building constructed in 1989. Accommodation is over ground and 4 upper floors. The unique design offers:

  • Approximately 20 internal parking spaces to the rear
  • Ground floor open plan office with open stairwell leading to the first floor office space
  • An internal atrium from the first floor up through building
  • Office suites on floors 2-4 overlooking the internal atrium
  • Opportunity for a roof garden/external space on the 4th floor

We understand the fabric of the building is in good condition.  Investment is required in the buildings M&E.  More details on request from our client's advisers.

Opportunity

We are appointed to secure a co-working/business centre operator for the building on a leasehold basis. The building needs investment to bring it up to an occupiable standard and as part of a transaction our clients are willing to invest in return for a higher rental and or a profit/revenue share. We are therefore seeking proposals based on a leasehold basis for all or part of the building. Parties will need to confirm what works they require to be done to the building (if any) and also confirm if and how they would wish to structure and profit/revenue share.

Timeframe and Submissions

  • The property will be formally marketed from the 8th March to the 10th May 2019. Viewings and access to the data room can be arranged by contacting the retained agents.
  • Offers will be required to be submitted no later than 12pm on the 10th May 2019. An Offer Form is available on request from the retained agent.
  • The Offer Form requests detailed information on the financial offer; proposed use; track record of the bidder and operational plans; programme of works and indicative opening date; confirmation of funding source and availability. Parties are also able to submit further information and documents to support their bid.
  • The proposals will be assessed both in terms of quality and price. Any operator will need to demonstrate a track record of delivering projects of this nature and how their use will fit in within the Heart of the City development and the wider City. Please note shortlisted parties could be asked to submit further information to support their proposal and will be invited to attend an interview.
  • Proposals other than co-working/serviced offices can be submitted and will be assessed but would not be the preferred use.

Heart of The City

Heart of the City is one of Sheffield’s key economic projects. Backed by Sheffield City Council alongside its strategic delivery partner Queensberry, the scheme will provide a dynamic and vibrant mixed-use district in the heart of the city centre and make Sheffield an even more exciting and interesting place to live and work. In addition to encouraging new retailers to the city centre, the scheme will provide Grade A office space, two 4 or 5-star hotels, residential developments, restaurants and cafés, leisure destinations, parking and stunning public realm – all creating the type of high quality central quarter that helps attract jobs and investment. The scheme will bring together the old and the new, maintaining the existing street patterns and heritage buildings whilst adding striking new architecture and unique outdoor squares and spaces. Rooted in the city’s unique character, it will help knit together The Moor, the Devonshire Quarter and Fargate, providing a new home for Sheffield’s cultural, commercial and creative trailblazers.

For more information please contact Tim Bottrill at this office or alternatively our joint agent Ross Firth at Cushman & Wakefield or Adam Varley at LSH.