SOLD

TypeRestaurants · Office

LS1 12 York Place, Leeds

TenureFor sale

12 York Place, Leeds, LS1 1/5

Specification

Building size
Building size 4,686 sqft
Property type
Property type Restaurants · Office
Tenure
Tenure For sale

Description

For Sale - Office Investment Opportunity. Suitable for alternative uses (STP).

Of interest to investors, owner occupiers & developers.

The property forms part of a terrace of buildings. The property is a four-storey office building with an attractive façade beneath a pitched, slate covered roof.

Internally, the property benefits from the following specification:

Fibre tiled suspended ceiling with integrated LED Lighting

Plastered and painted walls

Carpeted throughout

Gas fired central heating system

Perimeter trunking

Kitchen within each suite

Intercom system

x3 dedicated car parking spaces

Ground floor benefits from air conditioning

WC - x5 between each floor

- Of interest to Investors, owner occupiers & developers

- Self-contained office investment totalling approx. 4,686 sq ft NIA.

- Freehold interest

- Potential to increase the investment value by renewing leases / re-letting at a higher rent

- Asset management opportunity

- Redevelopment opportunity (stp)

- We are seeking offers, Subject to Contract, in the region of £845,000 for the freehold interest, subject to contract and exclusive of VAT

- The quoting price reflects a Capital Value of £180 psf

Location

The property is located on the junction of York Place and Britannia Street. York Place runs West to East between Queen Street and King Street and is within the traditional office core of Leeds City Centre. This prime location combines modern functionality with historic character, making it a prestigious choice for modern business needs.

Leeds railway station and a wide range of retail and leisure amenities are within a short walk of the property which lies close to Tesco Express, Caffe Nero and the Mercure Hotel as well as many restaurants.

The location provides excellent access to the Leeds loop road, Leeds inner ring road and the M621 leading to the wider motorway network.

Amenities

Of interest to investors, owner occupiers & developers

4,686 sq ft NIA

Investment opportunity

Suitable for alternative uses (STP)

Scope for rental growth & asset management opportunity

x3 dedicated car parking spaces

In the heart of Leeds City Centre

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