Sheffield’s CityGate brought to market

The office is multi-let to tenants ARM, Zoo Digital Group and Hallam Medical. The rent passing is £878,301 pa, leading to an average of £14.79 per sq ft (on let space).

The hotel is let to Premier Inn Hotels with a parent company guarantee from Whitbread Group with 26.2 years unexpired. The total overall rent is £1,322,758 pa.

Asset management opportunities include letting the remaining vacant office space, re-gearing office leases and triggering rent reviews.