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Sheffield is a city loved by so many due to its history, vibrancy and unique characteristics. A vast array of developments have been completed recently, and lots of new ones are underway, making now an opportune time to consider investing in Sheffield.
Eddisons' Expert in Sheffield
Once known as Escafield at the time of the Domesday Book, this Anglo-Saxon village has transformed into one of the most popular cities in northern England. The South Yorkshire location would eventually be named Sheffield, taking inspiration from the River Sheaf, which runs through the town centre.
It is widely accepted that Sheffield was built on seven hills, and around one-third of the city lies within the Peak District National Park, putting stunning landscapes on the doorstep of those who live here.
Sheffield is perhaps most famous for its contribution to the steel industry, with crucible and stainless steel being invented here. Its reputation grew and grew until it became known as the Steel Centre of the World, as it contributed to nearly half of Europe’s total production in the 19th century.
The city would become a critical part of the railway and construction industries as its factories mass-produced parts, allowing England’s infrastructure and transport networks to thrive.
World War I and World War II also play a prominent part in Sheffield’s history. During the First World War, it would harness its steel-making capabilities to create and supply munitions, artillery shells and weapons.
Sheffield’s success in WW1 unfortunately put a target on its back when fighting broke out in 1939, leading to a heavy bombing campaign from the Germans in 1940. Fortunately, the targeted factories remained operational and were able to make munitions to help the Allies on their road to victory.
Sport is everything to lots of residents here. Sheffield F.C. are the oldest existing team in the world, which led to the city being coined ‘The Home of Football’. Nowadays, it is all about Sheffield United and Sheffield Wednesday, who form one of the greatest sporting rivalries in the country. The World Snooker Championships are also held at the Crucible Theatre, attracting around 12,000 fans annually.
While Sheffield’s history showcases it as a hardworking, innovative and distinctive location, it has continued to maintain its relevance in the modern day, becoming a popular destination for tourists, residents and developers.
Shopping is huge here, with Meadowhall being one of the highlights. There are roughly 300 shops, including big brand names like Zara, Apple and Next, as well as a food court and cinema. You can also find a wide array of independent retailers across the city, including vintage clothes shops and artisan markets.
The city is also home to the University of Sheffield and Sheffield Hallam, which bring thousands of students here annually. Sheffield Uni is a part of the Russell Group and usually ranks well on the university league table, while Hallam is renowned for its Sport Science and Engineering courses.
You can find plenty of green spaces across the region as well. Chatsworth House, Ecclesall Woods and Cannon Hall Gardens are amongst the most popular.
More than 550,000 people live in Sheffield, according to the latest Census, making it one of the most populated cities in the UK. Roughly 23% of the population is under 19 years old, 60% are between 20 and 64, and 17% are over 64. The prominence of people of working age makes Sheffield extremely attractive to employers, with a huge talent pool to choose from.
The two universities also bring 65,000 students to the city who may seek employment opportunities after graduating, allowing companies to hire highly educated individuals who can drive their operations forward.
The Leader of Sheffield City Council, Tom Hunt, says Sheffield is “global, green and growing” before highlighting several industries that appear to be on the rise. A 2023 study backed this up by claiming that the Steel City was identified as the second-fastest-growing city economy in the UK.
Sheffield has many sector specialisms that are contributing to its growing economy. Some of the largest include:
Sheffield sits in a brilliant position and is well-connected to national and international destinations.
The M1 runs along the east of the city, which takes you north towards Leeds and south to Nottingham and eventually London. Alternatively, you can take the A57 westbound to reach Manchester in an hour and a half.
Non-drivers will have no issues getting around the country either, with trains from Sheffield Station able to get you to the capital in just over two hours. You also have access to a central Coach Station that offers slightly cheaper public transport.
While Sheffield no longer has its own airport, there are several options nearby. Manchester, Leeds Bradford and East Midlands airports can each be reached in under two hours and have flights to destinations across the globe.
For inner-city travel, you can find a tram system, local train stations and a vast bus network. Each option offers cost-effective travel to get residents and tourists from one place to another quickly.
Developers are investing heavily in Sheffield, with new projects popping up all over the city. Some of the most notable ones currently ongoing include:
There is a huge need for more housing here, and the council have put plans in place to ensure demand can be met. The Emerging Draft Sheffield Local Plan, first submitted in 2023, outlines how the city will build over 38,000 new homes by 2039.
The regeneration of Fargate and High Street is underway, aiming to transform this historic retail area into a vibrant destination with a mix of shops, leisure and public spaces to attract more visitors and businesses.
Plans are moving forward to redevelop the former Cole Brothers building, a landmark site in the city centre, into a mixed-use development that is expected to bring new retail, leisure and housing opportunities.
The West Bar Square development is a major regeneration project that will deliver a new business district with office spaces, residential units and associated amenities, significantly contributing to Sheffield's economic growth and urban landscape.
With plenty of projects already ongoing, now is the perfect time to join the many individuals and companies investing in Sheffield. Whether you have a development to bring to life, need to find a suitable office or have property to be managed, speak to our experts for confidential advice. Please use the form below to tell us about your needs.
“With plenty of rejuvenation taking place recently and a desire by city leaders to grow further, Sheffield presents a wealth of opportunities for investors and developers. The Steel City has been growing for some time and is likely to continue doing so in the future.”
Adrian Lunn
Director
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