1 Scotland Street

Unit 1 - Metis Building provides modern open plan office accommodation over ground and first floor levels. The specification includes suspended ceilings, raised floors, passenger lifts, staircase, carpets, dado trunking, electric floor boxes, inset lighting, prominent front window frontage to the roadside, 24 hour 7 day access. A number of secure and private car parking spaces available by negotiation.

Location

The property is located on Scotland Street / Tenter Street, within Sheffield city centre ring road, approximately 4 minute walk from Sheffield Cathedral, Fargate and main city centre amenities. The property is within easy reach of bus, tram and rail links, all within walking distance. The location benefits from access to the inner ring road (A61) and onto to Sheffield Parkway and the national motorway network (M1). There are a wide variety of occupiers within close vicinity including other modern office developments, residential blocks and a variety of retail, leisure and commercial uses. The location is a popular city centre location which is undergoing redevelopment with many new sites under construction / conversion.

Rating Assessment

From the information obtained from the Valuation Office Agency website we understand the demise is rated as follows:- Address: Metis Development 2, Solly Street, Sheffield, S1 4BH Description: Office and premises Rateable Value: £29,750 Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.

Planning

The property is understood to have a planning use for Use Class B1 (Offices), now known as Class E under the changes to the Use Class Order effective from 1st September 2020. We would recommend interested parties make independent enquiries to check their proposed use.

Lease Terms / Rent

The property is available on a new flexible lease for a term to be agreed at a rent at £10 sq ft plus VAT.

Tenure

The property is held on a long leasehold basis, for a term of 250 years from 1st January 2004 at a peppercorn rent.

Price

The long leasehold is available at £425,000 plus VAT.

Available Area