Property portfolio

Four-storey office block investment, Leeds

Multi-let city fringe block with asset management angles

Leeds, Yorkshire, LS1 5RU

Guide price
Guide price (freehold block)
Section
Property portfolios and blocks
Category
Office blocks
Tenure
Freehold
Annual rent
£186,000
Indicative yield
8.65%
Size
14,800 sq ft

Why this opportunity stands out

Part-let income today with two vacant floors offering a clear asset management story.

Full description

A substantial 1990s office block on the Leeds city fringe, arranged over four floors and part-let to five tenants on a mix of leases and licences. Two floors are currently vacant and offer scope for refurbishment, re-letting or conversion, subject to the necessary consents.

Property facts

EPC
C
Parking
18 demised spaces
Tenants
5 tenants across floors 1–2
Occupancy
Approximately 62% let by area
Vacant Space
Third and fourth floors, 5,600 sq ft
Service Charge
Managed block, budget available on request

Location context

This opportunity is in Leeds, Yorkshire. Postcode districts are shown to indicate the trading position; the precise address is confirmed by the advertiser on enquiry.

Map view — LS1 5RU