For Sale GREAT GEORGE STREET DEVELOPMENT OPPORTUNITY Thoresby House, Leonardo Building & Great George Street Offices
A complex of three landmark buildings in the Northern Civic Quarter of Leeds City Centre with planning. SUMMARY
The Great George Street Development opportunity comprises three Grade ll listed buildings located FIRST DIRECT ARENA in the Northern Civic Quarter of Leeds City Centre and within the evolving Leeds Innovation District. The MERRION HOUSE buildings have planning consent for a mixed use office,
INNER RING ROAD (A64) hotel and leisure scheme. Located within the vicinity are the impressive St Anne’s
MERRION CENTRE Cathedral, Leeds City Museum and the Civic Hall with > WADE HOUSE OFFICES LEEDS GENERAL INFIRMARY TOWN CENTRE HOUSE Millennium Square adjacent, Leeds First Direct Arena 3 minute walk away and Leeds Railway Station just a
ST JOHN’S 5 minute walk.
ROSSINGTON STREET CIVIC HALL 123 ALBION STREET Retail Landmarks Office Buildings
THE LIGHT MILLENNIUM SQUARE GREAT GEORGE STREET
THE HEADROW
CIVIC QUARTER
PARK ROW
LEEDS TOWN HALL
SOUTH PARADE
> DEMOGRAPHICS
Leeds is the third largest retail Located within Leeds’ A current lack of supply desitination in the UK outside evolving ‘Innovation District’ of new Grade A office of London accommodation
79.4% average C.29m visitors to Leeds Over 300,000 international hotel occupancy in 2019 in 2019 visitors welcomed to Leeds annually
Over 16 museums Adjacent to Leeds First Direct In excess of 200,000 and galleries Arena with capacity of 13,781 student population people showing in excess of with 1,677 student beds 150 events annually completed since 2018 THE OPPORTUNITIES
The three properties are available as a whole or in parts, and consideration will be given to varying lot combinations. The main options are highlighted within the plan.
W
oodhouse Lane
Rossington Street
3 2
1
Great George Street
KEY
1 Thoresby House & Leonardo Building 3 Great George Street Offices
2 Proposed New Build Hotel Full scheme - 1, 2 & 3 combined THORESBY HOUSE & LEONARDO BUILDING
The buildings comprise 92,840 sq ft (8,625 sq m). The Leonardo Building dates from c.1900 originally constructed as a printing works. A substantial extension was added in the late 1990s. Thoresby House was constructed as a Pupil Teachers’ College in 1900, then used as a school, and now offices. The principle entrance to both buildings from Rossington Street, overlooking Millennium Square and the Leeds City Museum. Accommodation within the Leonardo Building is over seven floors, with an eight person passenger lift to all floors, and top floor conference room with long reaching views over the city. This building is attached to and linked to Thoresby House. The Thoresby House accommodation is spread over four floors arranged around a central glass roofed atrium, which could be a spectacular centre piece for a new use. An eight person double sided passenger lift serves all floors.
The properties comprise approximately following gross and net internal areas: FLOOR SQ FT SQ M
B 8,956 832
G 16,867 1,567
1 17,308 1,608
2 17,545 1,630
3 17,771 1,651
4 5,845 543
5 8,546 794
TOTAL (GIA) 92,840 8,625
TOTAL NIA 58,383 5,424 PROPOSED NEW BUILD HOTEL
The proposed new build hotel sits between Thoresby House and Great George Street Offices. The site currently has outline planning permission for a 166 room, stand-alone hotel totalling 70,342 sq ft (GIA). Access and Egress to this site will be gained via Great George Street. This site can be sold separately with planning permission – further details upon request.
The property has the following gross internal floor areas:
FLOOR SQ FT SQ M
B1 7,330 681
G 10,990 1,021
G M 6,329 588
1 8,105 753
2 8,105 753
3 8,105 753
4 8,105 753
5 8,105 753
6 5,167 480
TOTAL 70,342 6,535
*Detailed floor by floor areas can be found within the data room. GREAT GEORGE STREET OFFICES
A detached building dating from 1889 constructed as a school with proposed accommodation comprising 83,108 sq ft (7,721 sq m) over five floors. Two 10 person double sided passenger lifts serve all floors. The building has a significant frontage to Woodhouse Lane. The property is adjacent to 123 Albion Street which is currently undergoing comprehensive refurbishment and will become a new forward thinking Grade A office development at lower level. Leeds City Council offices are located opposite in Merrion House and further offices within the vicinity include St John’s, Wade House and Town Centre House.
The properties combined have the following gross internal floor areas: FLOOR SQ FT SQ M
B 2,120 197
G 10,882 1,011
1 10,796 1,003
2 10,850 1,008
3 10,850 1,008
3 M 10,850 1,008
4 Proposed new 10,850 1,008
5 Proposed new 7,599 706
6 Proposed new 8,310 772
TOTAL (Proposed GIA) 83,108 7,721 THE LOCATION
Located within Leeds’ Northern Civic Quarter and the ever MERRION
WA evolving, “innovation district”, Great George Street is ideally MERRION HOUSE Y STREET placed to benefit from all that this vibrant and evolving location has to offer. The Development sits on Leeds Loop Road which OKRIDGE directly links with the Inner Ring Road and hence further afield CO THE MERRION CENTRE RNON STREET to the motorway network and Leeds Railway Station is within a LEEDS GENERAL VE INFIRMARY W 5 minute walk.
OODHOUSE LANE
LEEDS COLLEGE MILLENNIUM OF ART & DESIGN TOWN CENTRE HOUSE Civic Core Commercial Core Retail Core SQUARE DE LANE
WA
ROSSINGTON STREET WADE HOUSE ELECTRIC PRESS SUBJECT DEVELOPMENT
GREA T GEORGE STREET MERRION STREET LEEDS 123 CATHEDRAL ALBION STREET ST JOHNS OFFICES
ERLEY STREET LEEDS ST JOHNS CENTRE
LV CENTRAL LIBRARY & ART GALLERY
CA LEEDS
OKRIDGE STREET OKRIDGE THE LIGHT
TOWN HALL CO
LBION STREET A HALIFAX BANK THE HEADR OW BROADGATE
TSB BANK
ADE
R
PA SOUTH PARADE
ST A THE CORE E RBS BANK COVERDALE THE UNIVERSITY
W HOUSE S LANE E OF LAW LEEDS T BEDFORD STREET
THE ALCHEMIST RK RO LAND
RIGGA
NEIGHBOURHOOD PA SLUG & B GREEK STREET LETTUCE QUEENS ARCADE MANAHATTA GUSTO DAKOTA LEEDS BARCLAYS RUSSELL STREET LLOYDS BANK HSBC NATWEST ALBION PLAC E CAPITOL HOUSE BOND COURT
BOND STREET
COMMERCIAL STREET
BROADWAY HOUSE TRINITY LEEDS A CONNECTED CITY
Leeds is an easily accessible City being 40 miles north east of Manchester, 120 EDINBURGH miles north of Birmingham and 195 miles north of London. It is located on the M8 GLASGOW M62/M621 motorways which provide access to Manchester and the north west and via the M1, access to the Midlands and London. M74 Leeds Railway Station is the busiest in Northern England with passenger NEWCASTLE numbers due to double over the next 30 years. It is served by the East Coast 40 Main LineA66 which provides access to London King’s Cross, whilst also offering A1(M) direct services to a host of regional cities. Furthermore,MIDDLESBROUGH Leeds Bradford Airport M6 lies 9 miles north of the City and is serviced by a dedicated coach link, and LEEDS A66 BRADFORD LEEDS HULL offers scheduledM6 flights to several destinations throughout the UK as well as to AIRPORT M62 A171 PORT OF all major European economies. 53 A19 PORT OF HULL LIVERPOOL MANCHESTER SHEFFIELD LIVERPOOL A1(M) M6
BIRMINGHAM A170 M5 36 M1 50 A64 M4 A61 BRISTOL A65 A19
47 LONDON M6 A59 YORK A65 A59 A61 A64 A585 44 BLACKPOOL M55 32 LEEDS 1 A629 43 M65 A1(M) M62 HULL 9 27 42 29 2 29 41 35 1 33 7 M62 YORK LIVERPOOL EDINBURGH A565 M66 M1 A19 5 A180 M61 A629 1 37 mins 1 hr 47 mins 3 hrs 10 mins 26 14 18 M180 M58 4 MANCHESTER BIRMINGHAM LONDON 6 1 M60 35 M6 MANCHESTER A616 2 1 hr 9 mins 2 hr 6 mins 2 hr 38 mins M57 21a LIVERPOOL M18 M62 10 323 20 SHEFFIELD YORK LIVERPOOL EDINBURGH M53 9 39 mins 1 hr 26 mins 3 hrs 57 mins M56 A61 M1 MANCHESTER BIRMINGHAM LONDON 1 hr 57 mins 1 hr 57 mins 3 hrs 43 mins
LONDON AMSTERDAM (HEATHROW) (SCHIPOL) 1 hr 10 mins 1 hr 20 mins PLANNING & FURTHER INFORMATION
The site benefits from planning and listed building consents (LPA ref 18/06365/FU & 18/06366/LI respectively) for mix of hotel, office, restaurant and cafe uses. Further informal discussions with the Planning Department indicates that residential or student uses may also be acceptable the Leonardo building subject to the necessary planning and listed building consents. Pre-application discussions are encouraged on this matter.
EPC Copies of the EPC’s are available on request. VAT The property has not been elected for VAT. Further information is available on request. . TERMS For further information on terms for consideration, please contact the Agents.
IMPORTANT NOTICE RELATING TO THE MISREPRESENTATION ACT 1967 Paul Fairhurst Savills on their behalf and for the sellers or lessors of this property whose agents they are, give notice that: (i) The Particulars are set out as a general outline only for the [email protected] 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 details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) No person employed Paddy Carter by Savills has any authority to make or give any representation or warranty in relation to this property. Unless otherwise stated prices and rents quoted are exclusive of VAT. The date of this publication is May 2020. [email protected]
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