33 – 45 New Briggate, Leeds, LS2 8JD

The property comprises of 4 shop units all of which are planned on ground floor and basement and which are all occupied. Within the main frontage there are two separate entrances to the upper parts which was formerly the Central Hotel. The 3 upper floors are now vacant and in need of redevelopment/refurbishment.  Click here for the PDF brochure

LOCATION

The city of Leeds is one of the largest and most important commercial centres in the UK and the largest legal and financial centre outside of London.

It has a city population of approximately 750,000 and has over 2.6 million people in the Metropolitan area. With 65,000 students at its three universities there is a vibrant and extensive nightlife with numerous bars, restaurants and clubs across the city centre.

It is also well known for its retail facilities with 6 Shopping Centres including the recently constructed Trinity and Victoria Gate schemes along with the Victoria Quarter, one of the highest quality schemes in the country.

Address: 33 New Briggate Tenant: Ultimate Skin Tattoo GF Area: 55.74 SQ M/600 FT Bas Area: 35.57 SQ M/383 FT

Address: 37 New Briggate Tenant: Doltons Jewellers GF Area: 32.88 SQ M/354 FT Bas Area: 37.81 SQ M/407 FT

Address: 39 New Briggate Tenant: Chicken Village GF Area: 51.74 SQ M/557 FT Bas Area: 36.88 SQ M/397 FT

Address: 45 New Briggate Tenant: Dixy Chicken GF Area: 53.23 SQ M/573 FT Bas Area: 36.73 SQ M/399 FT

33-45 New Briggate, the former Central Hotel, is located on the north side of the city centre nearby to the junction of the Headrow and the prime shopping area of Briggate. Occupiers in the vicinity include TK Maxx, Sports Direct, Argos, Home Sense etc with the Victoria Quarter Shopping Centre approximately 150 meters to the south.

This is also a well known and established leisure location with numerous bars and restaurants nearby including those in the popular Merrion Street area of the city. Directly opposite is The Leeds Grand Theatre and others in the immediate vicinity include Mojo’s Manahatta, Sushi Wake, North Bar and many more.

Being such a vibrant area there has been considerable levels of residential development in the area including the development of 13 flats at 24 New Briggate opposite and the development of the impressive Crispin Lofts scheme nearby.

The vacant upper parts of the building comprise a former hotel and are now in need of complete refurbishment/development. The property comes with the benefit of planning consent to convert the first, second and third floors into 11 one bedroom flats.

Plans of the proposed scheme are overleaf and the planning reference number is 18/01302/FU

The property is offered for sale on a freehold basis at the sum of £1,725,000.

As an alternative to an investment sale our clients would also give consideration to a letting of the former Hotel. Further information upon request.

The commercial element of the property is let to four retail tenants all of who have been trading from the property for a number of years.

The leases have provision for a service charge although this is only chargeable once the building has been fully refurbished.

The leases of numbers 33 and 39 New Briggate are just being renewed and it is envisaged that these will complete at the same time as the sale.

We are instructed by our clients to invite offers in excess of £1,200,000 for the benefit of their freehold interest.

Energy performance certificates are available upon request.