Prime Redevelopment Opportunity - Short Term Income - For Sale

 

Summary

  • 1 Amberley Street comprises a 4.35 acre (1.762 ha) freehold development opportunity
  • The site currently features a 77,330 sq ft vacant former call centre alongside 2.4 acres of hard standing / car parking provision.
  • The site benefits from high voltage electricity supply of over 3MVA.
  • 2.3 acres of the car parking area is let to a global logistics operator on two sequentially-running licenses (12 months minimum term) commencing February 2026 at an initial license fee of £345,000 per annum (reflecting £150,000 per acre).
  • Offers sought in excess of £4,000,000 (Four Million pounds), reflecting a net initial yield of 8.10% after purchaser’s costs of 6.54% and a capital value of £51.73 per sq ft
  • The building is located approximately 3 miles north-east of Sheffield City Centre and just 1.2 miles from Junction 34 of the M1 motorway.
  • Site benefits from 295 car parking spaces
  • Freehold opportunity

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground - Ground Floor 45,896 4,263.88 Available
1st - 1st Floor 31,434 2,920.31 Available
Total77,3307,184.19
1 Amberley Street - _96A5774-HDR-Pano.jpg

Location

1 Amberley Street occupies a highly prominent position within Sheffield’s established Don Valley commercial district. The building is located approximately 3 miles north-east of Sheffield City Centre and just 1.2 miles from Junction 34 of the M1 motorway.

The property benefits from immediate access to the A6178 (Attercliffe Road) and A6102 (Janson Street), providing efficient routes to the M1 corridor and wider motorway network. This strategic positioning places the property at the heart of one of South Yorkshire’s most connected business locations, ideal for leisure, industrial, logistics, and office users alike. The area is
home to a strong mix of occupiers and national brands, including Royal Mail, Forge Masters, Mercedes-Benz, Gripple and IKEA.

The location benefits from excellent staff amenity provisions with the English Institute of Sport, and Sheffield Arena being located nearby. Meadowhall Shopping Centre and Valley Centretainment, provide excellent food and beverage, and shopping opportunities for staff.

Get directions from Google Maps

Further Information

Price Offers in excess of £4,000,000

Rates Payable £5.67 per sq ft

Service Charge n/a

Estate Charge n/a

EPC Rating This property has been graded as D (88)


Description

The property comprises a 4.35 acre site, of which the south eastern half is developed to provide a detached, purpose-built office building, with the north western half providing extensive car parking provision arranged over hard standing.

The office element of the site is of steel frame construction, featuring a combination of profiled cladding and glazed façades. Internally, the ground floor accommodates a substantial open-plan workspace designed for flexible layout configurations, the majority of which is double height. Ancillary meeting, breakout and welfare space is provided in The first floor provides additional office accommodation arranged on concrete mezzanines around the building perimeter.

Externally, the site benefits from extensive surfaced car parking provision, offering approximately 295 car parking spaces arranged over 2.3 acres of hard standing with dual access from Bond Street to the west and Amberley Street from the south. The site power supply is over 3MVA.

Approximately 2.3 acres of the car parking area is let under two sequentially-running licenses (providing a 12 month minimum term) to a household name global logistics operator, commencing 16 February 2026. The initial rent is £345,000 per annum, equating to £150,000 per acre.

Viewings

All viewings are to be arrange via the sole retained agents, NorthCap. Please contact Luke Symonds, Max Pickering or Richard Wright to arrange.

Terms

The freehold of the property is for sale, seeking offers in excess of £4,000,000 for the property.