Interested in this property? Call Jonathan Newns on +44 (0)113 212 3501 or Rebecca Heptonstall on +44(0)113 212 3500
This Victorian covered arcade is located in the centre of Leeds city centre situated between Briggate and Lands Lane.
The scheme comprises 18 retail units with occupiers including American Apparel, Jones Boot Maker, Office, Levi’s, Lipsy and Accent fashions.
The premises comprise the following approximate net internal floor areas:-
|Demise||Sq. ft.||Sq. m.|
|Ground Floor Sales||540||50.2|
|First Floor Ancillary||393||36.5|
We are seeking rental offers in the order of £35,000 per annum exclusive.
The unit is offered on a new 10 year effective full repairing and insuring lease, subject to an upwards only rent review at the end of year 5.
The unit has a 2017 rateable value assessment of £29,250.
For further details visit Gov.uk or contact the business rates department in the local authority.
The on-account service charge for the year 2017 stands at approximately £4,180 per annum.
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.