£3,565,000
(£1,953.42/sq. ft)
Retail premises for sale33-35 Fargate, Sheffield S1
From 1,825 - 18,627 sq. ft
Just added
Freehold
About this property
Prime pedestrianised retail pitch
High yielding, freehold investment
Strong, secure income
Clear asset management upside
Deep occupier and demographic base
Description
33-35 Fargate is a prominent mixed-use investment occupying a prime pedestrianised position in the heart of Sheffield's principal retail thoroughfare, directly opposite the Cathedral Supertram stop. The freehold building comprises a self-contained ground floor retail unit, let to Superdrug Stores plc, together with four self-contained office suites across the upper floors, branded 'Ratoon', totalling approximately 18,627 sq ft (1,730.1 sq m) NIA.
The offices have been comprehensively redeveloped to a high specification, with a dedicated ground floor reception, two passenger lifts, vrf air conditioning, private showers and lockers, secure basement bike storage, a feature light well and roof lantern, and a communal rooftop terrace with views across the city centre. The property currently produces a total gross income of £380,004.25 per annum, with three of the four office suites let since redevelopment and a final suite available, offering clear asset management potential to increase net income to approximately £446,133 per annum.
Location
Fargate connects the High Street to Barkers Pool and benefits from some of the highest footfall in the city centre, anchored by a strong mix of national multiples, food and beverage operators and leisure occupiers, including neighbouring Marks & Spencer, Boots, Starbucks, Greggs, Caffè Nero and Burger King. The street continues to benefit from significant investment through the £15 million Fargate regeneration programme, which has delivered new paving, seating and pocket parks, alongside a new c.20,000 sq ft Events Centre at 20-26 Fargate, due for completion in late 2026, which will further strengthen footfall in the immediate vicinity. Sheffield itself is England's fourth largest city, providing a strong resident and consumer base to support the wider retail pitch.
33-35 Fargate is a prominent mixed-use investment occupying a prime pedestrianised position in the heart of Sheffield's principal retail thoroughfare, directly opposite the Cathedral Supertram stop. The freehold building comprises a self-contained ground floor retail unit, let to Superdrug Stores plc, together with four self-contained office suites across the upper floors, branded 'Ratoon', totalling approximately 18,627 sq ft (1,730.1 sq m) NIA.
The offices have been comprehensively redeveloped to a high specification, with a dedicated ground floor reception, two passenger lifts, vrf air conditioning, private showers and lockers, secure basement bike storage, a feature light well and roof lantern, and a communal rooftop terrace with views across the city centre. The property currently produces a total gross income of £380,004.25 per annum, with three of the four office suites let since redevelopment and a final suite available, offering clear asset management potential to increase net income to approximately £446,133 per annum.
Location
Fargate connects the High Street to Barkers Pool and benefits from some of the highest footfall in the city centre, anchored by a strong mix of national multiples, food and beverage operators and leisure occupiers, including neighbouring Marks & Spencer, Boots, Starbucks, Greggs, Caffè Nero and Burger King. The street continues to benefit from significant investment through the £15 million Fargate regeneration programme, which has delivered new paving, seating and pocket parks, alongside a new c.20,000 sq ft Events Centre at 20-26 Fargate, due for completion in late 2026, which will further strengthen footfall in the immediate vicinity. Sheffield itself is England's fourth largest city, providing a strong resident and consumer base to support the wider retail pitch.
Mortgage calculator
Monthly repayment
£17,833 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}