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Retail Units & Shops

West Yorkshire

Leeds

property

Let

13-14 Kirkgate Kirkgate, Leeds, LS1 6BY

Use Class

Size

3,149 - 5,268 sq ft

Rent pa

POA

Price

£1,945,000

Market Sector

High Street Scheme

Key Features

Prominent position fronting Kirkgate and forming part of the city centre pedestrianised zone
Benefiting from good levels of pedestrian footfall along Kirkgate to Kirkgate Market and the bus terminals on New Market Street and Call Lane.
Let to Superdrug Stores Plc (D&B 5A 1)
Passing Rent: £155,000 per annum
Net Initial Yield: 7.50% after allowing for purchaser’s costs at 6.26%

Description

13-14 Kirkgate is an attractive and well configured retail unit arranged over 3 storeys. The accommodation provides a ground floor sales area which includes a pharmacy counter situated to the rear of the store with ancillary accommodation over first and second floors. The property benefits from rear servicing off Fish Street and a goods lift operating between ground and first floors.

Location

Leeds is situated at the heart of the Northern Powerhouse and is the administrative centre of Yorkshire. The city is located 44 miles north east of Manchester, 24 miles south west of York and 33 miles north of Sheffield.

Road communications in Leeds are excellent as the city is strategically located close to the M1, A1 (M) and the M62 which provide direct access to London to the south, Manchester and Liverpool to the west and Newcastle upon Tyne to the north.

The city is well served by two international airports, Leeds Bradford and Manchester airport and benefits from direct rail services to London Kings Cross, Edinburgh and York.

Leeds is one of the leading regional centres for financial and business services and the financial capital of the region. Major employers include Royal Bank of Scotland, Lloyds, Yorkshire Bank, Coutts, Leeds Building Society, British Gas, Direct Line, Green Flag, 02 and Unilever.

Disclaimer

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.