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Acquisition of Bank Street, Sheffield

One Heritage Group PLC is pleased to announce it has exercised an option to acquire a site on Bank Street, Sheffield.

The site is located within Sheffield city centre on Bank Street and it is on the edge of the retail and commercial centre in the Cathedral District, only a 15-minute walk from the train station. The site has planning permission for 21 self-contained apartments, but we are likely to resubmit the planning to increase the number to 23.

One Heritage CEO Jason Upton, said:

We are delighted with our maiden acquisition as a listed company and this morning’s announcement is testament to the quality of the opportunities we are seeing.  We are already seeking to expand the potential of the site to increase the number of the apartments with a view to completion in Q1 2022.