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Sheffield S1 1 bed detached house for sale
          
            
              Sheffield S1
            
            
              £1,200,000
            
            
          
          
      
              Sheffield S1
            
            
              £1,200,000
            
            
          Our Summary
- There is also potential to subdivide the retail area into two separate units, subject to the necessary planning consents
 - Above the retail accommodation are four upper floors which equate to 7,629 sqft, offering significant redevelopment potential
 - These upper levels could be transformed, subject to planning, into approximately 18 one-bedroom apartments, each benefiting from the city centres strong rental demand
 - This combination of prime location, versatile accommodation, and significant income potential makes this property a standout investment opportunity in Sheffield's thriving city centre
 - Mixed Use Development Opportunity
 
Description
              This impressive former Halifax Bank building is a rare opportunity to acquire a prominent property in the heart of Sheffield City Centre. With its bustling high street location, the property benefits from outstanding footfall and visibility, making it ideal for a flagship retail or mixed-use investment. The ground floor features an extensive glass frontage, creating a highly attractive retail presence, and the space is presented in immaculate condition and ready for immediate occupation. The property also has significant redevelopment potential, with four upper floors that could be transformed into approximately 18 one-bedroom apartments, each benefiting from the city centre's strong rental demand. With estimated annual rental income of £265,000 and a potential gross development value of circa £3,500,000 once completed, this property offers a standout investment opportunity in Sheffield's thriving city centre.