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Prime New Build Development Opportunity with Planning

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Prime New Build Development Opportunity with Planning 26-34 Merrion Street Leeds, LS2 8JG PRIME NEW BUILD DEVELOPMENT OPPORTUNITY WITH PLANNING • Approx. 22,000 sq ft (GIA) mixed use scheme. • Consent for Bar/Restaurant, Offices, Sky Bar and Penthouse Apartment. • Unique opportunity in exciting City Centre location. Extensive re-development and investment in the area. • Suitable for a range of uses/ combinations within the consented building envelope. • Opportunities include Boutique Hotel/Serviced Apartments/ Co-living/Student Resi/Office Co-working and Retail/ Leisure venue. FIRST DIRECT LEEDS ARENA LOCATION BECKETT UNIVERSITY A 6 MERRION WAY 4 ( T M E E 9 R ) C T S A E 4 L G The property occupies a highly prominent position fronting V D T E I BYRON STREET E R R K E L O R Merrion Street which is part of the City Centre Loop Road and E T REGENT STREET O Y S C MERRION S H T T WADE LANE situated within in the trendy Northern fringe of the city with a R R CENTRE O E N wealth of amenities on the doorstep. E 7 5 T The property is well located in a prime position and with easy BELGRAVE ST access out to A64 and A58 out of the city centre and close 8 to a number of high rise development schemes of primarily BRIDGE STREET residential/student apartments. These include Symons House, a 22 storey 350 bed student residential scheme and Belgrave ST JOHNS ST JOHNS Gardens, a 386 apartment student residential tower. CENTRE CHURCH This part of the city centre comprises an exciting and dynamic THE LIGHT OXFORD PLACE 3 area where there is much ongoing investment and activity given 1 the proximity to the Universities and landmarks such as Leeds 2 Arena and Victoria Gate nearby. 6 LEISURE/RETAIL STUDENT VICTORIAVictoria TRINITY GATE • Adjacent to Leeds first direct • 4,037 existing student Arena – 13,500 capacity venue. apartments in the area with 4. Altus House – New £114m 752 unit student 5,227 further apartments • Heart of Northern Quarter MAP resi developmentCORN – Tallest building on-site/in the pipeline. established bar circuit. in YorkshireEXCHANGE and North East region • Home of 4500 students. 1. Leeds Grand Theatre – developed by Olympian Homes. • Part of the Arena Quarter – the Undergoing re-development 5. Leeds General Infirmary – £450m home of a high volume of leisure • Within walking distance of all programme. accommodation. main Universities. investment in development of proposed 2. Opera North Site – £12m investment masterplan. • Arena Quarter Leisure circuit now • £520m planned investment by programme with Grade ll* listed 6. Leeds Playhouse – £15.8m regeneration. established in this locale with the University of Leeds. building fronting New Briggate to unique multi-cultural international provide new bar and restaurant. 7. Symons House – 21 storey development cuisine Hub. comprises new luxury student housing. 3. High Street Heritage Action Zones • Within Walking easy distance of (HAZ) programme of improvements 8. Belgrave Gardens – High end 386 Victoria Quarter Victoria Gate and planned along New Briggate. apartment student residential scheme. Trinity Leeds Shopping Centre. £1.3M investment proposed. 9. Unite – 928 bed student residential development. DESCRIPTION Comprising of a new build development opportunity with full planning impact of the conversation area/St Johns Church and out of keeping with the permission (dated May 2019) for a mixed use leisure and office development building line being over dominant on the streetscape. with penthouse apartment. The planners did however support the inclusion of a penthouse apartment The existing structure is two storey of traditional brick construction and the resultant uplift in height at the end of the building. The recent (19th century) with basement cellars and loft areas. The property was dialogue included the option to potentially replace the offices with most recently used as a late night venue but has now been stripped out. residential use with suitable adjustment of the floor heights adding further development potential. The scheme has been carefully designed in line with extensive dialogue with the planning authority over several years and has now set several The planners were keen to see brickwork as the predominant external precedents including the overall height/mass of the building for alternative material as this is in keeping with the character of the conservation area. configurations/uses. The fenestration design generally matched the existing but with new glazing to the front elevation and lightweight glazed treatment to maximise views at The original scheme was based on the retention of the main building with the top floors. removal of the pitched roof and addition of two new floors. The planners recognised the existing roof line equated to a floor in height and felt a further floor was acceptable without dominating the adjoining Wrens pub. ACCOMMODATION Floor areas relating to the consented scheme: To reduce the impact of the new floors it was agreed that the top floor would step back on plan creating a roof terrace area which complimented the sky bar use. The ground floor use was designed to comply with the Floor GIA sq m GIA sq ft NIA sq m NIA sq ft requirement for active street frontage and supported the wider area strategy for leisure activities. Basement 400 4,306 237 2,551 However, following structural engineers input and an assessment of the Ground 400 4,306 263 2,831 existing building, it was clear a new build scheme should be sought which would be essentially the same in content and design. First 400 4,306 318 3,423 The property is situated within the conservation area but adjacent to the tall buildings zone with a number of high rise residential developments being Second 400 4,306 318 3,423 approved nearby namely Belgrave Gardens and Symons House. As a result, a pre-app was submitted for residential use on upper floors increasing the Third 295 3,175 239 2,573 height by a further floor on the main section together with a 9 storey tower on the western end matching the lower part of Symons House. Fourth 124 1,335 98 1,055 Residential use was acceptable in planning terms but the significant height change was rejected due to it being detrimental to the character and visual Total 2,019 21,734 1,473 15,856 PlanningPLANNING An outline timeline and brief description is as follows: Dec 2016 – Full Planning Approval: Proposed mixed use development for the conversion and extension of the existing buildings. This included the retention of the basement, ground, first and second floor of the existing building, removal of the pitched roof and additional new build, glazed third floor with associated new lift and stair cores. The approved uses included a ground floor/basement restaurant/bar use, first and second floor offices and a ‘Sky-Bar’/Restaurant with roof terrace. January 2018 – Full Planning Approval: Proposed demolition and new build mixed use development The new application included the demolition of the existing structure, the retention of the basement walls and all new construction to the ground and upper floors. The overall accommodation area, and the range of uses remained as the previous approval. Facing Tenure brickwork was approved as a substitute for external render, it being a traditional material and Freehold title. more in keeping with the historic buildings within the Grand Quarter Conservation Area. Proposal September 2019 – Pre-Application: New build leisure Offers are invited in excess of £1,600,000 (One million and six hundred and residential development thousand pounds) on an unconditional basis. The proposals outlined a concept design for a high rise predominantly apartment scheme with restaurant bar use at the ground floor, as the previous approvals. It was proposed that the Stage 2 Pack scale of the revised scheme was increased in height partially in response to the18-23 storey Further technical information is available on request via a stage 2 pack. high residential schemes nearby at Albion Place and more specifically the 9 and 18 storey development at Symons House together with the adjacent 7 storey Santander Building, 10 storey Fairfax House. Thus, the new scheme proposed an additional level to the main building with an 8 storey ‘tower’ All Enquiries reflecting the scale of the lower portion of the Symons House, located not far behind the site. These proposals were not supported by the Planning Development Officers, or the Design and Conservation Officer and Team. However, the planners were supportive of potential residential uses as an alternative use to the offices on the upper floors and a proposed penthouse Nick Salkeld apartment but required active street frontage/leisure uses at the ground floor. [email protected] May 2019 – Full Planning Approval: Mixed use leisure and office development with penthouse apartment, application 19/00861/FU Louise Larking The planning consent gave affirmed the approval for the previous proposals, namely the [email protected] demolition and redevelopment of existing bar/first floor offices/attic residential accommodation to create a new development consisting of ground floor and basement bar/restaurant use, first and second floor offices, third floor proposed Skybar, plus a fourth-floor penthouse apartment. The external design and materials were duplicated from the previous approval whilst the elevational treatment of the apartment continued the glazing and metal cladding previously IMPORTANT NOTICE RELATING TO THE MISREPRESENTATION ACT 1967 Fox Lloyd Jones on their behalf and for the sellers or lessors of this property whose approved for the Skybar. The Skybar lift and stair arrangement were adjusted to allow share but agents they are, give notice that: (i) The Particulars are set out as a general out line only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other separate access for the penthouse residents.
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