Retail in Sheffield available for sale
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Retail Properties for Sale in the Sheffield, UK

Explore the Latest Sheffield Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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 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 42 Waingate, Sheffield - Retail for Sale

Tap & Barrel - 42 Waingate

Sheffield, S3 8LB

  • Retail for Sale
  • £290,000
  • 5,309 sq ft
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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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More details for 214 Crookes, Sheffield - Retail for Sale

214 Crookes

Sheffield, S10 1TG

  • Retail for Sale
  • £350,000
  • 1,205 sq ft
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More details for 90 Prospect Rd, Sheffield - Retail for Sale

90 Prospect Rd

Sheffield, S2 3EN

  • Retail for Sale
  • £250,000
  • 2,274 sq ft
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More details for 605 Ecclesall Rd, Sheffield - Retail for Sale

605 Ecclesall Rd

Sheffield, S11 8PT

  • Retail for Sale
  • 5,545 sq ft
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FAQs about Retail property for sale in Sheffield

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Sheffield?
There are currently 12 Retail Properties available for sale near Sheffield. These Sheffield Retail Property listings have an average size of 19,330 sq ft. The largest available listing in Sheffield is 137,376 sq ft. The thriving commercial centre and excellent transport links in Sheffield make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Sheffield?
The average price/SF for Retail Property for sale in Sheffield is about £88. The cost per sq ft for Retail Property in Sheffield ranges from £41 to £218, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Sheffield?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £41 to £218 per square foot. While the average net initial yield for Retail Properties is 9.05%.
What is the largest Retail Property available for sale in Sheffield?
Currently, the largest Retail Property available to buy is 137,376 sq ft and the smallest is 486 sq ft. The average size of Retail Property available for sale in Sheffield is approximately 19,330 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Sheffield, UK

With 12 retail units currently available for sale in Sheffield, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Sheffield, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Sheffield, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Sheffield can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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