Park Place, Leeds LS1 2RU

  • On-street parking
  • Excellent & convenient location
  • Period Property
  • 4,498 sq ft
  • tenanted
  • basement storeage
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  • 1,250,000

Description

The property provides quality office accommodation over ground and two upper floors with basement storage, whilst retaining many of the original period features.

The ground floor comprises a kitchen area and two w/c's. The office accommodation on the ground floor comprises of four large office rooms split by a central access lobby and staircase.

The first floor office accommodation is similar to the ground floor, with three interlinking office rooms. The second floor also provides similar accommodation.



Price

Available at £1,250,000
We have not yet been advised if the sale price quoted is subject to VAT.

Full details

LOCATION
Park Place is a well respected and prestigious address within the heart of the Central Business District in Leeds City Centre. The property is within a short walking distance of Leeds City Railway Station, Park Square and many bars & restaurants. It is an ideal business address.

DESCRIPTION
The property provides quality office accommodation over ground and two upper floors with basement storage, whilst retaining many of the original period features.
The ground floor comprises a kitchen area and two w/c's. The office accommodation on the ground floor comprises of four large office rooms split by a central access lobby and staircase.

The first floor office accommodation is similar to the ground floor, with three interlinking office rooms. The second floor also provides similar accommodation.

ACCOMMODATION

Demise

Sq ft

Sq m

Ground Floor

1,371

127.4

First Floor

1,514

140.7

Second Floor

1,613

149.8

Basement

476

44.2

Total

4,498

417.9
PRICE
£1,250,000

TENANCY
The ground and first floors are occupied until 16th Jan 2012. The 2nd floor is occupied until 7th Feb 2013. Both tenants will consider decanting from the premises sooner, subject to agreement. Current rental income being £62,750

RATEABLE VALUE
According to the Valuation Office Agency 2010 website, this property has a current rateable value of;-
Ground & first floor       £38,000
Second floor                 £17,000

Interested parties are advised to make their own enquiries in this respect.
VIEWINGS
For further information or to arrange a viewing, please contact Peter Davies on 0113 237 0999.

LEGAL COSTS
Each party to be responsible for their own legal and professional costs incurred in this transaction

MISREPRESENTATION ACT 1967
Stoneacre Properties acting as agent for the vendors or lessors of this property give notice that:-

The particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract.
All descriptions, dimensions, condition statements, permissions for use & occupation, and other details are given in good faith and are believed to be correct. Any intending purchasers or tenants should not rely them as such as statements or representations of fact but must satisfy themselves by inspection or otherwise as the correctness of each of them.
No person in the employment of Stoneacre Properties has any authority to make or give representation or warranty whatsoever in relation to this property.
All prices and rents are quoted exclusive of VAT unless expressly stated to the contrary.
MISDESCRIPTIONS ACT 1991

These details believe to be correct at the time of compilation, but may be subject to subsequent amendment.


OTHER INFO
Directors of Stoneacre Properties have a financial interest in this property.

ALL OFFERS ARE SUBJECT TO CONTRACT.

Details prepared February 2011