Rates Payable Upon Enquiry

Description

The site measures approximately 1.38 acres (0.56 ha) including 42,195 sq ft of existing development which comprises of a three-storey office unit with research & development and light industrial/manufacturing uses (considered to be Class E units).

The remainder of the site includes predominantly flat, hardstanding land which provides c.70 car parking spaces associated with the current business premises.

The railway line forms the south eastern boundary of the site, while the River Sheaf forms the south western boundary. Commercial and residential premises form the north eastern boundary with further residential units abutting the site to the north west.

A number of units within the wider site are let to alternative businesses. This includes Units 7 & 8, which are let to STEPS for office use (Class E). Vacant possession can be secured at short notice.

Viewings

A strict ‘by appointment only’ viewing protocol is in place and these will take place on designated viewing days.

If you wish to attend, please use the contact details provided.

Opportunity

Due to relocating business operations, Avison Young have been instructed by the owner to seek offers for the disposal of a 1.38 acres (0.56 ha) site which includes 42,195 sq ft of existing workspace and associated car parking comprising c.70 spaces.

The disposal of The South West Centre provides a rare opportunity to acquire a acquire significant existing office space with research & development and light industrial/manufacturing uses (considered Class E units) in a well connected and popular location within Sheffield.
Whilst this property could be acquired for continuation of it’s existing use, it also provides an excellent opportunity to acquire a conversion or redevelopment opportunity (STP) in a highly popular and desirable location for residential and care uses.

The property is offered for sale by informal tender and will be sold with vacant possession upon completion.

Please note that we are initially seeking expressions of interest from parties. We will then invite parties to submit an offer via informal tender following this.

Basis for proposals

Initially, we are seeking expressions of interest from interested parties. Following this, we will invite parties who have expressed interest to submit an offer for the property via informal tender.

Expressions of interest should be submitted via email to jacob.clark@avisonyoung.com

Please note that interested parties will be required to submit high-level end use proposals, confirmation of funding, evidence of a track record of similar projects and indicative high level gross financial proposals as part of their expression of interest.

The vendor reserves the right not to pursue a sale nor to accept the highest or any offer received in the event an informal tender process is initiated.