Petrol Stations for sale in the Sheffield City Centre, Sheffield

Commercial Property in Sheffield City Centre available for sale

Retail Properties for Sale Near the Sheffield City Centre, Sheffield

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.