Lambert's Yard 2 Retail Properties in Leeds
INVESTMENT HIGHLIGHTS
- Prime city centre location
- 97% occupancy rate
- Mixed-use investment opportunity in Leeds
EXECUTIVE SUMMARY
Recently redeveloped mixed use investment asset in the heart of Leeds City Centre, one of the UK’s most vibrant residential and retail hubs. Freehold and long leasehold interests in 19 self-contained apartments and three prominent retail units.
Currently generating a gross income of approximately £377,000 per annum (residential £254,000 per annum, commercial £123,000 per annum). Tenants responsible for payment of utilities and council tax separately. Strong rental tone across the scheme with 16 of 19 apartments and all three retail units occupied. Reflects 87% occupancy rate, on a square footage basis.
Potential to increase gross income through re-lettings of apartments and active management of the scheme.
We are instructed to seek all expressions of interest for the freehold and long leasehold interests in the property.
Currently generating a gross income of approximately £377,000 per annum (residential £254,000 per annum, commercial £123,000 per annum). Tenants responsible for payment of utilities and council tax separately. Strong rental tone across the scheme with 16 of 19 apartments and all three retail units occupied. Reflects 87% occupancy rate, on a square footage basis.
Potential to increase gross income through re-lettings of apartments and active management of the scheme.
We are instructed to seek all expressions of interest for the freehold and long leasehold interests in the property.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,458 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Lambert's Yard
162-163 Briggate, Leeds LS1 6LY |
Retail | 3,338 SF | 1976 | - |
|
Lambert's Yard
164-165 Briggate, Leeds LS1 6LY |
Retail | 1,120 SF | 1960 | - |
