A landmark building in Sheffield, which was once a flagship hotel, is up for sale offering a dramatic change of fortunes for the derelict site.
The Hallam Tower building, situated in the Fulwood area of the city, is at the centre of a high-profile launch to market, and benefits from detailed planning permission across a 3.3 acre site for 133 units including 11 townhouses.
The iconic 12-storey, 1960s building, which is the heart of one of Sheffield’s most dramatic views across the valley to Ecclesall and the city has a rich history. Its arrival on the market could make way for a full redevelopment of the site. The Sheffield residential development office of Knight Frank is marketing the derelict building.
Department head for Yorkshire residential development at Knight Frank, Tearle Phelan said: “Knight Frank has been formally appointed by Hallam Grange to market the former Hallam Tower, in Fulwood, with the benefit of the existing planning consent.
“The 2007 collapse of the residential market brought sales of land with residential development potential to a standstill across the UK, forcing many residential development schemes to be mothballed.
“This property’s release to the open market coincides with a significant improvement to the residential sector, and wider UK economy as a whole.”
During the 1966 World Cup, the Swiss team stayed at the iconic hotel as they trained at Hillsborough Stadium and featured in Egon Ronay’s Guide to British Eateries, which gained the hotel a four star rating from the AA.
The building’s status was so iconic that Ford used the building and its grounds to promote the 1963 Ford Galaxie 500.
Following several facelifts, owners and renovations, the hotel finally closed its doors in 2004 but has since been approved full residential planning through plans submitted by the current owners in conjunction with Sheffield based Axis Architecture.
Tearle added: “Recent government intervention, improvement in sales rates and general confidence in the residential market means the time is right to bring a new lease of life to this development site.
“This building has a fantastic history and the potential to lift it back to its former glory through the creation of a truly unique residential complex, could be massively beneficial to the city and to Fulwood.”
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