£3,565,000
(£1,953.42/sq. ft)
Retail premises for sale33-35 Fargate, Sheffield S1
From 1,825 - 18,627 sq. ft
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}