INVESTORS are invited to snap up an ‘iconic’ Sheffield building - for a cool £1.25 million.
The Grade-II listed Royal Exchange Buildings are now on the market, having sold for £78,000 at auction 19 years ago.
The five-storey property, which was built in 1900 for an animal breeder and vet, includes seven commercial units, occupied as three shops, and 22 apartments.
It is being marked by estate agents Mark Jenkinson & Son, of Norfolk Row in the city centre - the same firm which handled its sale by auction in 1993.
The firm says: “This is an attractive Grade II-listed building constructed about 1900 having elevations of glazed brickwork incorporating ashlar dressings.
“The building was refurbished about 1996 and maintained since that time by the present owners.”
The firm says rental from the property, which was listed by English Heritage in August 1992, is just under £140,000 per year, with £34,284 from the stores and £104.100 from the flats.
John Dawes, of Mark Jenkinson & Son, said: “The availability of the building provides an opportunity for a discerning purchaser to own an iconic landmark building and enjoy the obvious benefits of a very good return on capital invested.”
The building was originally built by Flockton, Gibbs & Flockton for Blonk Street-based vet and animal breeder John Henry Bryers, on vacant land he owned.
His development included the adjacent Castle House and the Royal Victoria Buildings across the road.
The Royal Exchange Buildings included 20 two-bedroom flats, a house and surgery for the vet and a house for the groom, as well as shops.
At the back was accommodation for sick horses, while Mr Bryers also included a dogs home for the Society for the Prevention of Cruelty to Animals at the rear of the property – RSPCA Sheffield says The Home for Lost Dogs at Lady’s Bridge opened on Thursday, July 26, 1900.
The dogs’ home included a lethal gas chamber, but problems with damp, not helped by its proximity to the River Don, meant the home lasted barely a decade.
The stables were reportedly converted into a pea-canning factory in 1931.
When sold in 1993, the property had been derelict for about 20 years.
n For details of the property, visit www.markjenkinson.co.uk To arrange a viewing, call 0114 276 0151.
n What are your memories of the Royal Exchange Buildings, Lady’s Bridge and Wicker? Email Retro at firstname.lastname@example.org