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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Savills UK & Ireland

Savills UK & Ireland

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A1/A3 Retail/Leisure Unit - Lease For Sale/To Let

Description

The property is a ground floor retail unit. 

Key Points

  • A1/A3 Retail / Leisure Unit
  • Lease for Sale / To Let

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 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 Scheme

Leeds

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.

Leeds

We have a wide range of shops to let in Leeds, as well as a selection of shopping centres and schemes to increase the visibility of your brand.

Learn more about Leeds

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.

View The Cube Leeds