According to Knight Frank, Sheffield’s Arundel Gate is to become the catalyst for renewed commercial investment opportunities.

There are currently a number of commercial developments underway along Arundel Gate. Boschendal is spending £9m to redevelop the former YEB building to create 38,000 sq ft of office space. Your Space Plc has proposed a redevelopment plan for the former post office site which could see another 40,000 sq ft of office space combined with 12,000 sq ft of townhouse style owner-occupier offices, a 115-bed hotel and a 115-space multi-storey car park. The last five years has seen a number of law firms move to the eastern end of Arundel Gate who have benefited from its close proximity to the law courts.

The area along Arundel Gate is also benefiting from regeneration, with Hammerson’s redevelopment of The Moor which provides both retail and residential developments coupled with a 670-space multi-storey car park. Last year Carling succeeded in purchasing the leasehold to the former Roxy Disco, with the aim of a £3m redevelopment into a near 3,000 capacity Carling Academy music venue.