Units 1-2, The Cube Leeds
, 119 - 121 Albion Street
, Leeds, LS2 8ER
Use Class
A1
Size
4,722 sq ft
Rent pa
£110,000
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A1/A3 Retail/Leisure Unit - Lease For Sale/To Let
Key Points
- A1/A3 Retail / Leisure Unit
- Lease for Sale / To Let
Description
The property is a ground floor retail unit.
Location
The Property is situated on Albion Street, close to the junction with Merrion Street, adjacent to The Light and opposite the St Johns and Merrion Shopping Centre. The Location forms an extension of the leisure pitch provided by The Light on the North of Albion Street, where retailers include Tiger Tiger, Prezzo, Frankie & Benny’s, Turtle Bay, Icestone Gelato and Yates.
Use Class
A1 - A1 / A3 Retail Leisure Unit
Viewing
Strictly by appointment.
Financial
Lease Term
The premises are available by way of assignment. The property is held on a 15 year Effective FRI lease which started on the 5 September 2017. Currently held at a passing rent of £110,000 per annum, to be subjected to RPI rent reviews on 7 September 2022 and 2027.
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.
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Service Charge
The current on account service charge for 2019 is £2,070.
Sustainability
Energy Performance Certificate Information
EPC available upon request.
The Cube Leeds
The Cube is a contemporary 146,000 sq ft mixed use office, residential and leisure scheme located in the heart of Leeds city centre. The Cube provides prominent ground floor leisure / retail space with the benefit of access from Albion Street and Great George Street. Situated in the Northern Quarter of the city centre, The Cube is ideally positioned amongst the core retail, business and leisure districts - The Light, The Electric Press and First Direct Arena, all of which are within a 5 minute walk. Nearby occupiers include Vue Cinema (14 screens), Nando's, Zizzi, Virgin Active, Browns and Revolution.
View SchemeLeeds
Look for shops to let in Leeds, as the country’s fourth largest urban economy Leeds is hard to beat as a major retail centre.
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Learn more about LeedsMisrepresentation 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.
