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Leisure /Retail Opportunity , 111, The Headrow, Leeds, LS1 5JW

882 Sq Ft / Retail / Retail - High Street

Withdrawn - Last updated: 13 May 2021

The unit is a ground floor Leisure or Retail unit situated in an established Leisure area with high daily footfall fronting the Headrow. The unit offers flexibility with a larger size option of 1,855 sq ft subject to operator requirements.
( Agency Pilot Software Ref: 80 )

Location

• Prominent Location fronting The Headrow and situated on the ground floor beneath a modern office development.

• Prime position comprising a mix of uses including retail, offices, residential, bars, restaurants and cafés, as well as civic buildings—proving popular with visitors to the city.

• The location benefits from extremely strong footfall, being one of Leeds’ most active high streets and spine roads.

• Operators in close proximity include Starbucks, CaffèNero, Miller & Carter, Greggs, George’s Great British Kitchen, Barburrito and Browns.

• £20m investment by Leeds City Council to transform The Headrow bearing completion with attractive flagged wider pavements, and improvements to the public transport network has lifted the area.

• The location benefits from day time and evening footfall with such a wide range of uses in the immediate environs.

Accommodation

• The unit comprises c 882 sq ft

• Potential to take 1,855 sq ft in total (which includes a further back section of the unit)

• Attractive modern building with return frontage to the side access passage and entrance to offices adjacent.

• The unit has a fully glazed frontage to The Headrow

• The unit is fairly regular in shape and has a raised section to the rear that can be used for customer seating.

• The unit has been stripped back to shell ready for the incoming tenant to fit out.

• The unit comprises a WC and capped off services.

• Signage opportunity exists above the full shop window with great prominence to The Headrow.

Terms

Rent from £25,000 per annum plus VAT

Buildings Insurance: The current premium for the premises is £240.40 plus VAT, paid annually in advance

Rates: For the larger unit (1,855 sq ft) The rateable value 2020/2021 is £46,750.00 Rates payable for 2020/2021 is £22,954.25 The small unit option (882 sq ft) will be re assessed post split.

Terms: The property is available by way of an effective repairing and insuring lease for a term to be negotiated

Planning: The unit has planning for Class E

EPC: Provided upon application VAT: The property is elected to charge VAT

Legal Costs: Each party to be responsible for their own legal costs incurred in any transaction


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