Major commercial complex in heart of Sheffield on sale for £41m

A huge commercial complex in Sheffield city centre has gone on the market for £41 million.
The Hartshead Square complex in Sheffield city centreThe Hartshead Square complex in Sheffield city centre
The Hartshead Square complex in Sheffield city centre

Hartshead Square, near the Castle Square tram stop, is home to businesses including Argos and car parking giant NCP as well as government offices.

The mixed-use development, which covers almost 300,000 square feet and is fully let, is being sold by Greenridge Investment Management.

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"An acquisition at this level, based on indicative debt terms, would produce an attractive cash on cash return in excess of 10 per cent per year."

Greenridge added that the area was on the up, with a hotel, more homes and a new tech hub being created in the immediate vicinity.

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