12 York Place

Leeds, LS1 2DS

4,686 sq ft

For Sale - Office Investment Opportunity. Suitable for alternative uses (STP).
Of interest to investors, owner occupiers & developers.

Summary

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

Accommodation

The accommodation comprises the following areas:

Name	sq ft	sq m	Availability
Lower Ground	1,111	103.22	Available
Ground	915	85.01	Occupied
1st - Front	750	69.68	Occupied
1st - Rear	575	53.42	Occupied
2nd - Front	760	70.61	Occupied
2nd - Rear	575	53.42	Occupied
Total	4,686	435.36

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.

Get directions from Google Maps

Mainline Stations

Leeds

3 mins
Burley Park

29 mins
Headingley

44 mins
Cottingley

48 mins

Underground Station

Chesham

2892 mins
Amersham

2934 mins
Chalfont and Latimer

2951 mins
Chorleywood

2978 mins

Further Information

Price Offers in the region of £845,000

Rates Payable £5.92 per sq ft

Service Charge £4 per sq ft

EPC Rating This property has been graded as C (52)

Description

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

Investment Summary & Proposal

- 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