Commercial Property in Sheffield City Centre available for sale
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Commercial Property for Sale near the Sheffield City Centre, Sheffield

Explore the Latest Sheffield City Centre Commercial Property for Sale

More details for Leopold St, Sheffield - Retail for Sale

Leopold Square - Leopold St

Sheffield, S1 2JG

  • Retail for Sale
  • £6,400,000
  • 57,372 sq ft
  • Energy Performance: D
  • Air Conditioning

Sheffield Retail for Sale

Leopold Square presents a rare opportunity to acquire a landmark leisure investment in the heart of Sheffield city centre. This Grade II listed ensemble of Victorian school buildings, transformed into a vibrant hospitality destination in 2007, offers a compelling blend of architectural character and modern functionality. The scheme comprises six restaurant/bar units, a striking three-storey glass building housing two additional restaurants and a fully refurbished office suite, and is anchored by a 90-bed boutique hotel (sold off long leasehold). Positioned adjacent to the £470 million ‘Heart of the City’ regeneration zone, Leopold Square benefits from exceptional connectivity, with the City Hall tram stop directly opposite and Sheffield’s mainline station just a short walk away. The property’s external terraces and public square foster a dynamic outdoor trading environment, aligning with Sheffield’s identity as the UK’s greenest city and a cultural hub for music, theatre, and festivals. The asset generates a net rental income of £720,300 per annum, supported by rent guarantees on vacant units, and offers a WAULT of 9.9 years. Tenants include national operators such as Wagamama, Zizzi, and Pho, alongside successful independents like Cubana and Bamboo Door. With vacant units ready for occupation and further asset management potential, this acquisition offers both stability and upside. Offers are invited in excess of £6,400,000, reflecting a net initial yield of 10.55% after costs.

Contact:

McGregor Wyn

Property Subtype:

Shopfront

Date on Market:

06/10/2025

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Commercial Properties for Sale Within 5 miles of the Sheffield City Centre, Sheffield

More details for 924 Ecclesall Rd, Sheffield - Retail for Sale

924 Ecclesall Rd

Sheffield, S11 8TR

  • Retail for Sale
  • 486 sq ft
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More details for 87 Division St, Sheffield - Build-to-Rent for Sale

Division House - 87 Division St

Sheffield, S1 4LX

  • Build-to-Rent for Sale
  • £5,000,000
  • 16,818 sq ft
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More details for 2A Middlewood Rd, Sheffield - Retail for Sale

2A Middlewood Rd

Sheffield, S6 4GY

  • Retail for Sale
  • £195,000
  • 2,025 sq ft
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More details for 6 Lowther Rd, Sheffield - Light Industrial for Sale

6 Lowther Rd

Sheffield, S6 2DR

  • Light Industrial for Sale
  • £625,000
  • 9,052 sq ft
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FAQs about Commercial Properties For Sale in Sheffield City Centre

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How many Commercial Property listings are available for sale in Sheffield City Centre?
There are currently 1 Commercial Properties available for sale near Sheffield City Centre. These Sheffield City Centre Commercial Property listings have an average size of 57,372 sq ft. The largest available listing in Sheffield City Centre is 57,372 sq ft. The thriving commercial centre and excellent transport links in Sheffield City Centre make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Sheffield City Centre?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Sheffield City Centre currently range from £84 to £84 per square foot. While the average net initial yield for Commercial Properties is 10.55%.
What other types of commercial property are available for sale in Sheffield City Centre?
There is a diverse range of commercial properties available in Sheffield City Centre to suit various business needs. Sheffield City Centre offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Sheffield City Centre commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Sheffield City Centre, Sheffield

Market Overview for Commercial Properties in Sheffield City Centre

Key information for Commercial Properties investors in Sheffield City Centre and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Sheffield £107 22,714 sq ft
Dronfield £156 4,788 sq ft
Mayfield £375 949 sq ft
Wombwell £133 89,666 sq ft
£58 26,688 sq ft

Rental Price Trends in Sheffield City Centre

The price per square foot range for Commercial Properties in Sheffield City Centre and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Sheffield £41 £107 £223
Dronfield £156 £156 £156
Mayfield £375 £375 £375
Wombwell £133 £133 £133
£42 £58 £74

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Sheffield City Centre area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Sheffield 486 sq ft 22,714 sq ft 205,372 sq ft
Dronfield 4,788 sq ft 4,788 sq ft 4,788 sq ft
Mayfield 949 sq ft 949 sq ft 949 sq ft
Wombwell 955 sq ft 89,666 sq ft 134,022 sq ft
2,565 sq ft 26,688 sq ft 73,500 sq ft

You searched for commercial property for sale in Sheffield City Centre. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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