Sheffield's Orchard Square shopping centre put up for sale for £16m

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Sheffield's Orchard Square shopping centre put up for sale for £16m
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Owners of Sheffield's Orchard Square received £999,000 in council funding to refurbish it last year.

Orchard Square is home to shops including Waterstones and TX Maxx as well as restaurants and barsOwners London & Associated Properties have set an asking price of £16.2m for the site off Fargate.

Its upper floors are currently being converted into flats as part of a refurbishment funded by nearly £1m in grants from Sheffield City Council. Chairman and chief executive John Heller told investors last year the company was "moving away from fashion-orientated shopping centres and investing instead in other real estate sectors".

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