56-57 Briggate

Briggate
Leeds, LS1 6LH

Use Class E

6,907 sq ft

£350,000

Use Class

Size

6,907 sq ft

Rent pa

£350,000

Marketed by Colliers

Last updated 17/04/2019

The unit is arranged over basement, ground and four upper floors.

The property occupies a prime location at the heart of Leeds City Centre's retail core.  The unit benefits from being situated between Trinity and Victoria Gate, the City's two primary shopping centres.  Nearby occupiers include Harvey Nichols, H&M, Debenhams, River Island, Top Shop and Zara.

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor Sales	1,662	154
Basement Sales	1,530	142
First Floor Sales	1,707	158
Second Floor Ancillary	1,191	110
Third Floor Ancillary	817	75.9

Financial

Lease Type

Existing Lease

Lease Term

The property is held by way of a lease expiring 6th December 2025 with a tenant option to break on 6th December 2022, at a rental of £350,000 per annum exclusive.

Rates

Transitional phasing may apply. We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Rateable Year:	2018
Rateable Value:	£255,000.00
Rates Payable:	£125,715.00
UBR:	49.3p/£

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Last Updated

17/04/2019

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

Contacts