Property developer Citu acquires historic former John Banner department store in Sheffield

Sustainable property developer Citu has acquired a former 1930s department store.

The historic John Banner department store in Attercliffe, Sheffield, was purpose-built in 1934 by the retail entrepreneur John Banner. The four-storey building on Attercliffe Road was seen as a key Sheffield landmark whose reputation was synonymous with offering a high-quality shopping experience.

Rumoured to be the very first department store to have an escalator, it created its own Banners’ cheques and currency to allow customers to enjoy credit in store, decades before credit cards became readily available.

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After the Second World War, the business was sold by the Banner family and the 48,000 sq ft building was eventually converted into upper floor offices and ground floor retail in the 1980s.

The John Banner building in Sheffield. Picture: Mike HigginbottomThe John Banner building in Sheffield. Picture: Mike Higginbottom
The John Banner building in Sheffield. Picture: Mike Higginbottom

Still home to 25 businesses, the building will now undergo investment to restore some of the former glory to the building fabric, as well as bringing it up to modern energy performance standards.

Chris Thompson, Citu founder and co-director, said: “The John Banner building holds a significant place in the architectural landscape of the Attercliffe high street, and we are honoured to be entrusted with its stewardship.

"Our team is excited about the opportunities this acquisition presents, and we are dedicated to preserving the building’s historical significance while introducing modern, innovative elements that align with our vision for sustainable development.”

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