Lambert’s Yard, 162-165 Lower Briggate, Leeds LS1
POA
Property Summary
Recently redeveloped mixed use investment asset in the heart of Leeds City Centre, one of the UK’s most vibrant residential and retail hubs.
Unbroken freehold and long leasehold interest in 19 self-contained apartments and three prominent retail units.
Currently generating a gross income of approximately £470,000 per annum (residential £347,000 per annum, commercial £123,000 per annum). Tenants responsible for payment of utilities and council tax separately.
Strong rental tone set across the scheme with 18 of 19 apartments and all three retail units occupied. Reflects 97% occupancy rate, on a square footage basis.
Potential to increase gross income through re-lettings of apartments and active management of the scheme.
We are instructed to seek all expressions of interest for the freehold and long leasehold interest in the property.
Unbroken freehold and long leasehold interest in 19 self-contained apartments and three prominent retail units.
Currently generating a gross income of approximately £470,000 per annum (residential £347,000 per annum, commercial £123,000 per annum). Tenants responsible for payment of utilities and council tax separately.
Strong rental tone set across the scheme with 18 of 19 apartments and all three retail units occupied. Reflects 97% occupancy rate, on a square footage basis.
Potential to increase gross income through re-lettings of apartments and active management of the scheme.
We are instructed to seek all expressions of interest for the freehold and long leasehold interest in the property.
