Derwent House, Sheffield
Published 1st June 2016
Property-Modern, multi-let city centre offices
Floor Area-65,000 sq ft
Claymore Role-Acquisition & asset management
Claymore has acquired this prime city centre asset for instituional clients. Derwent House is a modern 65,000 sq ft office property in an excellent location immeditaly adjacent to the St Paul's development incuding a convenient Q-Park and Mercure hotel. Claymore will implement an extensive refurbishment of the property including a new reception and cycle park facility together with Grade A fit out of around 40,000 sq ft vacant office space.
The property was acquired at a price equivalent to a capital value of only £140/sq ft.