Grade A Multi Let Office Building

Grade A Office building extending to 76,460 sq ft over ground to 9th floors. Located in St Paul’s Place; Sheffield’s prime office pitch. ƒ Excellent ESG credentials with an EPC rating of ‘B’, BREEAM ‘Excellent’ and connectivity to district heating network. ƒ Strong & diverse tenant line up including Freeths LLP, TES Global and Ove Arup & Partners. 60% of the income secured against D&B 5A1 rated covenants. Total passing gross passing rent of £1,872,861.27 p.a reflecting a reversionary average rent of £24.18 psf for the office space.ƒ 1 service charge cap leading to a net operating income of £1,793,529.27 p.a ƒ WAULT of 3.4 years to expiry and 2.4 years to breaks