55 Albion Street

Albion Street
Leeds, LS1 5AA

Use Class E

3,519 sq ft

£130,000

Use Class

Size

3,519 sq ft

Rent pa

£130,000

Marketed by Savills UK & Ireland, Barker Proudlove, Pudney Shuttleworth

Last updated 29/04/2021

Prime Retail Opportunity

Key Points

3 Trading Floors
A1/A3/A4 planning consent
8.85m annual footfall (170,000 per week)
Available late Summer 2017

The units provides the ability to trade on 3 levels and would suit A1 or A3 uses.

Located in the heart of the City Centre, the Albion Street frontage of Pinnacle is home to retailers including Vidal Sasoon, Joy, Superdrug and Barclays with Cosy Club (opening Late 2017)

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Basement:	1,195	111
Ground Floor:	1,173	108
First Floor:	1,151	106

Financial

Lease Type

New Lease

Lease Term

10 year full repairing and insuring lease (subject to 5 yearly upward only rent reviews).

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

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:	2021
Rateable Value:	£119,000.00
Rates Payable:	£60,928.00
UBR:	51.2p/£

Costs

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

Service Charge

The service charge for the current year is £7,878.50 per annum (plus VAT), payable quarterly in advance.

Last Updated

29/04/2021

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.