South West Centre, Troutbeck Road, Sheffield, S8 0JR

Summary

The site measures approximately 1.38 acres (0.56 ha) including 42,195 sq ft of existing development which comprises of a three-storey office unit with research & development and light industrial/manufacturing uses (considered to be Class E units).

The remainder of the site includes predominantly flat, hardstanding land which provides c.70 car parking spaces associated with the current business premises.

The railway line forms the south eastern boundary of the site, while the River Sheaf forms the south western boundary. Commercial and residential premises form the north eastern boundary with further residential units abutting the site to the north west.

A number of units within the wider site are let to alternative businesses. This includes Units 7 & 8, which are let to STEPS for office use (Class E). Vacant possession can be secured at short notice.

Key Points

Viewings

A strict ‘by appointment only’ viewing protocol is in place and these will take place on designated viewing days.

If you wish to attend, please use the contact details provided.

Opportunity

Due to relocating business operations, Avison Young have been instructed by the owner to seek offers for the disposal of a 1.38 acres (0.56 ha) site which includes 42,195 sq ft of existing workspace and associated car parking comprising c.70 spaces.

The disposal of The South West Centre provides a rare opportunity to acquire a acquire significant existing office space with research & development and light industrial/manufacturing uses (considered Class E units) in a well connected and popular location within Sheffield.

Whilst this property could be acquired for continuation of it’s existing use, it also provides an excellent opportunity to acquire a conversion or redevelopment opportunity (STP) in a highly popular and desirable location for residential and care uses.

The property is offered for sale by informal tender and will be sold with vacant possession. Vacant Possession to be achieved in January 2027.

Please note that we are initially seeking expressions of interest from parties. We will then invite parties to submit an offer via informal tender following this.

Basis for Proposals

A bidder guidance document, available in the data room, provides further instructions on the basis of offers to be submitted and the information to be provided. Offers should be submitted using the bid proforma also available in the dataroom.

Please note that interested parties will be required to submit high-level end use proposals, confirmation of funding, evidence of a track record of similar projects and indicative high level gross financial proposals as part of their offer.

The vendor is under no obligation and reserves the right not to accept the highest or any offer received.

Subject to contract

Location

The property is situated on the south side of Abbeydale Road and west of Archer Road. Vehicular access is achieved off Troutbeck Road via Abbeydale Road.

The property is located approximately 2.5 miles south west of the city centre within a well established and popular area for business, young professionals and families, attracted by the range of local amenities including numerous restaurants, shops and bars on Abbeydale Road with other amenities including schools within the locality. This makes the property a desirable location for businesses to operate as well as new residential or care developments.

The property is located north of a railway line and south of Abbeydale Road, which is one of the main arterial routes into Sheffield City Centre and is well served by regular bus services.

Dore and Totley Train Station is located approximately 2 miles south west of the property and is connected to the property via bus routes along Abbeydale Road. This station provides rail connections to both Sheffield and Manchester.