Egerton St 5,022 SF Industrial Building Sheffield S1 4JX $1,298,684 CAD ($258.60 CAD/SF)

Investment Consideration:
Vacant possession
VAT is NOT applicable to this property
Comprises two-storey industrial building (B2) fronting Egerton Lane and adjoining car park fronting Evans Street
Planning approved for development of 18 residential apartments (C3) including 11 x 1-Bed, 6 x 2-Bed & 1 x 3-Bed.
Sheffield Rail Station (1 mile to the east) provides services to London St Pancras, Manchester, Leeds and Liverpool
Situated in the Sheffield City Centre with occupiers nearby including Waitrose Superstore, Sainsbury`s Premier Inn, Ibis Hotel, The Moor Market Sheffield and more.
Property Description:
Comprises two-storey industrial building (B2), fronting Egerton Lane and arranged as a ground floor open plan workshop rooms with ancillary accommodation at first floor. The property includes adjoining car park fronting Evans Street and provides the following accommodation and dimensions:
Ground Floor: Entrance hall, 3 workshop rooms
First Floor: Ancillary, storage, wc, kitchenette
Total Existing GIA: 466.6 sq m (5,022 sq ft)
Development Opportunity:
Planning approved for demolition of 2 small extensions to the Sawmill, refurbishment, alterations and two-storey extension to Sawmill to form 6 apartments, erection of a 3-storey block to form 12 apartments, and the provision of amenity spaces, cycle storage and associated works, providing the following accommodation and dimensions:
Ground Floor GIA: 387 sq m (4,166 sq ft)
5 x 1-Bed, 1 x 2-Bed and 1 x 3-Bed
First Floor GIA: 364 sq m (3,929 sq ft)
4 x 1-Bed, 3 x 2-Bed
Second Floor GIA: 204 sq m (2,196 sq ft)
2 x 1-Bed and 2 x 2-Bed
Total Approved GIA: 955 sq m (10,291 sq ft)
Total GIA including Balcony/Patios: 1,117 sq m (12,034 sq ft)
For more information, please refer planning application 24/02382/FUL on Sheffield Planning Portal:
Location:
Sheffield is located 30 miles south of Leeds and 33 miles east of Manchester. The M1 Motorway (Jct's 31,33 & 34) is to the east of the city and the A57 provides east/west links. Sheffield Rail Station, approx. 1 mile to the east, provides services to London St Pancras (2 hrs), Manchester, Leeds and Liverpool. The property is situated in the Sheffield City Centre with occupiers nearby including Waitrose Superstore, Premier Inn, Ibis Hotel, The Moor Market Sheffield and many more.