-Located on a highly prominent corner site, just 100m from Briggate - Leeds' prime retail pitch - and adjacent to the Victoria Leeds and Victoria Quarter shopping centres.
-A striking Grade II-listed building let to the strong covenants of Caffè Nero, Subway, Futon Company and Rand Coffee Roastery, all on new leases.
-Generating a combined income of £212,000 per annum with an attractive WAULT of 8.88 years to expiry and 4.47 years to break.
-The vacant upper floors benefit from planning permission for conversion to 16 residential units, enabling the investor to add significant value in what is one of the UK's fastest growing cities.

We are instructed to seek offers in excess of £4m for the freehold, reflecting a net initial yield of 8% and a low capital value of £114 psf on the gross area of the remaining consented residential element.

To find out more, contact Tom Heptonstall, Patrick Kilvington or Oliver Smart, or simply comment below to request further details.

Leeds Wray Building Brochure