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WATER LANE LEEDS LS11 5TL the OPPORTUNITY to CREATE a Rare Opportunity to Acquire a Prime Freehold Site in the Heart of the South Bank of Leeds

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WATER LANE LEEDS LS11 5TL the OPPORTUNITY to CREATE a Rare Opportunity to Acquire a Prime Freehold Site in the Heart of the South Bank of Leeds WATER LANE LEEDS LS11 5TL THE OPPORTUNITY TO CREATE A rare opportunity to acquire a prime freehold site in the heart of the South Bank of Leeds. A NEW COMMUNITY IN LEEDS The 3.8 acre site currently accommodates a 128,533 sq ft office building and 117 parking spaces but is suitable for significant redevelopment for a variety of uses, subject to planning. 01 OPPORTUNITY SUMMARY Westbank is allocated for mixed uses in the Leeds Site Allocations Plan and falls within the South A superb opportunity to acquire Bank Leeds Regeneration Framework. The a flagship site in the heart of vendor has engaged with Leeds City Council to prepare a Development Brief to establish Leeds’ South Bank Regeneration WYKEBECK VALLEY ROAD development principles and parameters for future area, comprising a 128,533 redevelopment. sq ft office on a 3.8 acre (1.54 HAREHILLS LANE hectare) site. The South Bank is The site offers the opportunity for extensive STONEY ROCK LN GIPTON APPROACH development of a mixed use scheme, with YORK RD an established commercial and LUPTON AVENUE envisaged uses including office, residential and a residential destination with a INNER RING ROAD A64 YORK RD range of ancillary uses. The Council is supportive OSMONDTHORPE LANE SELBY ROAD CALVERLEY ST pipeline of further development BECKETT ST of the Development Brief and more details can be NORTH ST NIPPET LN TORRE ROAD BRIDGE ST and expansion planned. found on page 9. INNER RING ROAD MABGATE A64 NEW YORK RD A61 REGENT ST BURLEY RD BELLEVUE RD MERRION ST SELBY ROAD VICAR LN A64 YORK RD The existing use comprises an occupied three storey BURMANTOFTS ST The site is situated 350 metres IVY STREET THE HEADROW A64 YORK RD WESTGATE ALBION ST EASTGATE office building with 117 external car parking spaces. PARK LN BRIGGATE SHANNON ST HALTON MOOR AVE KIRKSTALL RD PONTEFRACT LN DUKE ST MARSH LANE south of Leeds Railway Station LITTLE QUEEN ST QUEEN LITTLE The office is used as a call centre and benefits ST PAULS ST GEORGE ST GREEK ST U P QUEEN ST QUEEN P PARK PLACE RAILWAY ST E R PARK ROW A with direct access via the south from lifts, suspended ceilings, raised floors and air LISBON ST QUEBEC ST C WELLBECK RD C BRIGGATE YORK PL O LAVENDER WALK NEW YORK ST M E PARK VIEW conditioning. The freehold occupier will remain in M KIRKGATE O entrance. It also benefits from D ASCOT TERRACE A CITY T CALL LN I WELLINGTON ST SQUARE O occupation for a short period upon completion, NORTHERN ST WELLINGTON ST N E PARK PARADE OSMONDTHORPE LANE BOAR LN R E PARK ROAD direct access to the M621 and O A AIRE ST D please see page 11 for more details. THE CALLS ELLERBY RD LONG CLOSE LN national motorway network. DENT ST The vendor has undertaken significant vendor due CANAL ST WHITEHALL RD CROWN POINT RD WELLINGTON RD NEVILLE ST SOVEREIGN ST EASY ROAD PONTEFRACT LANE diligence which may be found in the dataroom. The WATERLOO ST HALTON MOOR AVE process for the sale is set out on page 11, with offers MEADOW LN CROWN POINT RD for the site sought on an unconditional basis. WHITEHALL RD GLOBE RD WATER LN CROSS GREEN BLACK BULL ST DAVID ST PONTEFRACT LANE VICTORIA ROAD MARSHALL ST SPRINGWELL RD MANOR RD PONTEFRACT LANE HOLBECK LN M621 SWEET ST 02 M621 M621 Figures from various online resources LEEDS A DIVERSE & ROBUST ECONOMY OVER FASTEST A WORKFORCE OF RATE OF PRIVATE LARGEST FINANCIAL & BUSINESS SECTOR JOB GROWTH 20100 COMPANIES FTSE SERVICES SECTOR LEEDS CITY REGION IN THE UK OVER THE 3.1M IN LEEDS OUTSIDE LONDON 116,365STUDENTS HAS A POPULATION OF LAST 10 YEARS 1.9M A BUSINESS BASE OF 779,000 GROWTH IN THE FINANCIAL LEEDS CITY REGION OF ALL UK GRADUATES NATIONAL & £69B 125,000 LEEDS POPULATION & BUSINESS21% SERVICES SECTOR ECONOMIC OUTPUT COMPANIES WERE10% EDUCATED IN LEEDS INTERNATIONAL30 BANKS OVER THE NEXT 10 YEARS 03 LEEDS RAILWAY STATION AIRE PARK HS2 At the heart of the transformation is the The old Tetley brewery site (owned by Vastint) HS2 is anticipated to be delivered by 2040. redevelopment of Leeds Station. The Leeds has plans for a hotel, retail, office and Its delivery will reduce travel time to London integrated station will be at the centre c.850 residential units. There will also be a by c.50 minutes. The HS2 line will connect into LEEDS of a new city district. The extension and large green area which will be split into five Leeds Railway Station approximately 0.5 miles redevelopment of the station precinct will sections totalling 2 hectares. to Westbank. create a new park, adding to the existing REGENERATION extensive green space in Leeds. The City of Leeds has seen significant regeneration over the past decade, with an expansive plan in place for the next 10 years and beyond. In particular, the regeneration of the South Bank will double the size of Leeds city centre by transforming the South Bank. The Regeneration Framework has a vision to create a distinctive global destination for investment, living, learning, creativity and leisure. The project encompasses 253 hectares of land that lies south of the River Aire in Leeds. Equivalent to 350 football pitches in size, the project will provide over 35,000 jobs and more than 8,000 homes, and be one of the largest city centre regeneration initiatives in Europe. TEMPLE RESIDENTIAL DEVELOPMENTS CEG has planning consent for over 1.1m sq ft of offices, Large scale PRS developments have been delivered on the South Bank, with Leodis 750 homes, retail, leisure and green spaces. The first Square (Dandara, 746 units) and Mustard Wharf (L&G, 250 units) to complete in 2020 building of 38,000 sf is due to start construction, with a further 135,000 sf available by way of pre-let. Further developments are planned with Tower Works (Richardsons, 245 units) having achieved planning and Get Living (756 units) detailing a £180m investment to bring The area encompasses Temple Works, the Grade 1 listed forward a site on Globe Road. former flax mill, which is due to be converted into the main archive for the British Library. The Ironworks site extends to 0.33 hectares located on David Street. The site has full planning consent for 73 units (townhouses and apartments with ground floor mixed use) and is due to start construction imminently. 04 LEEDS REGENERATION TRINITY LISBON INTERNATIONAL WELLINGTON TOWER MUSTARD CITY GRANARY TRAIN BRIDGEWATER SOVEREIGN ASDA AIRE BREWERY TEMPLE SHOPPING POOL WORKS WHARF SQUARE WHARF PLACE SQUARE PARK WHARF STREET PLACE STATION CENTRE HOUSE TEMPLE ROUND TEMPLE THE LEODIS CITY FABRIK WORKS FOUNDRY WORKS OFFICES IRONWORKS SQUARE WALK 05 Inverness Leeds is the major commercial and financial centre for Yorkshire Aberdeen and the North East of England. The city is approximately 35 miles (55 km) north of Sheffield, 40 miles (65 km) north east of AN Manchester and 190 miles (300 Glasgow km) north of London. UNRIVALLED Edinburgh A1 CONNECTIVITY Newcastle The city has direct access to the M1 and M62 motorways, lying 7 miles (11 km) north of the intersection of the M1 (J42) and M62 (J29) motorways. The M1 is directly accessed from the A1 (M) city centre by the M621 which in turn links with the A1(M). Hull Leeds Railway Station is the busiest rail station LEEDS M62 outside central London with over 900 trains and Manchester M62 50,000 passengers using it each day. Services to London Kings Cross run every 30 minutes with Sheffield a fastest journey time of 2 hours. There is also a Liverpool regular service to Manchester, Liverpool, York A1 M1 and Newcastle. M6 Leeds Bradford International Airport is situated Birmingham 8 miles (12.5 km) north west of the city centre M40 and only a 20 minute drive away. The airport M5 provides daily flights to major UK and European KEY: destinations. LONDON Bristol M4 Motorway Rail 06 W YK E BE CK V AL LE Y R O AD H H AC A K LN R RO C E E NEVILLE ST H PP SITUATION U I A RO L Y L E S ON N VEN LA O A T NE S GIPT VICTORIA RD YORK RD ON T P U Situated on a flagship island site in the heart L of Leeds’ South Bank, Westbank is situated IN approximately 350 metres south of Leeds N RK RD E YO R A64 O SE Railway Station. R T S L I S BY NG M T R D T ON OA ST E C R D OA A O TH The site is located on the southern side of D R LV A T THOR D NOR S G ER BECK Water Lane close to its intersection with LN IN GE T L TOR R D ST TE R EY I NIPPE E RO Neville Street, the main arterial route linking R T A A P E BR G D E ST N T E LAN N S the City Centre to the south which in turn WATER LANE AB IN EG S SURROUNDING OCCUPIERS R M 1 FT provides direct access to junction 4 of the A64 6 E BURL BE N O EW YO A M621 and the national motorway network. 1. Asda L MERRION RK RD EY L ST K RD SEL 2. R Everhseds, ErnstEV & Young R BY D UE MANT R RO V U A64 YO AD 3. KPMG RD I The surrounding area is an established C B E 4.
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