Documents
Attributes
Property Reference Number | 100052079577 |
Building Area |
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Property Description
The property comprises four well configured retail units, situated over ground floor and basement. Unit 60-62 Pinstone Street, let to Co-Op Bank benefits from a glazed dual frontage on the ground floor. The unit has been recently re-fitted to include a large sales staircase and an ATM on the side return. 44 Pinstone Street, is the only unit that offers ground floor only. The upper floors have been sold off on a Long Leasehold to Elmdom Real Estate for a term until 2153, proving with 135 years unexpired, at a peppercorn rent.
Investment Highlights
- England’s sixth largest city and a significant shopping, leisure and cultural destination
- Located in Sheffield’s £500m redevelopment of 1.5m sq ft of land in the “Heart of the City”
- HSBC set to occupy 160,000 sq ft in June 2019 bringing an addition 2,000 employees to the area
- Prominently located on the high footfall location linking The Moor and Fargate
- 2 recent lettings demonstrating occupier demand for Pinstone Street
- Secured to national covenants of Co-Op Bank, Size and Tony & Guy
- WAULT of 3.6 years to expiry and 8.6 years to breaks
- Total rent of £189,450 per annum
- Freehold


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