Massive, well‑connected office building with strong parking provision for investors.
Open‑plan single floorplate of 19,500 sq ft
Parkway Plaza offers an exceptionally large, open‑plan office opportunity across a single 19,500 sq ft floor plate within a landmark mid‑20th century tower. The site occupies 5.3 acres with substantial surface parking for 322 cars and scope for a further 132 spaces by separate agreement, making it suitable for single‑occupier headquarters or large letting strategies.
The building has practical fit‑out features including raised access floors, suspended ceilings, and full air‑conditioning, together with improved cycle storage provision. Its position on Prince of Wales Road (A6102) on Sheffield’s Outer Ring Road gives direct links to the city centre, Sheffield Parkway and the M1, while Meadowhall, retail parks and public transport are close by.
Important considerations: the property sits in a deprived area with higher local crime levels, and the tenure is unspecified — buyers should confirm lease/ownership details and undertake full due diligence. The building’s mid‑century design and current condition may require targeted refurbishment to meet modern workspace expectations and attract premium tenants.
For investors seeking a large-scale asset with flexible floor plates, significant car provision and very good transport links, Parkway Plaza presents clear redevelopment and income potential. Factor in local market considerations and refurbishment costs to realise long‑term value.
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