GREAT GEORGE STREET DEVELOPMENT OPPORTUNITYThoresby House, Leonardo Building & Great George Street Offices

For Sale

A complex of three landmark buildings in the Northern Civic Quarter of Leeds City Centre with planning.A complex of three landmark buildings in the Northern Civic Quarter of Leeds City Centre with planning.

FIRST DIRECT ARENA

MILLENNIUM SQUARE

LEEDS TOWN HALL

THE LIGHTGREAT GEORGE STREET

ST JOHN’S

ROSSINGTON STREET

THE HEADROW

MERRION HOUSE

SOUTH PARADE

>

CIVIC HALL

LEEDS GENERAL INFIRMARY

>

PARK ROW

CIVIC QUARTER

123 ALBION STREET

MERRION CENTREWADE HOUSE OFFICESTOWN CENTRE HOUSE

INNER RING ROAD (A64)

SUMMARY

The Great George Street Development opportunity comprises three Grade ll listed buildings located in the Northern Civic Quarter of Leeds City Centre and within the evolving Leeds Innovation District. The buildings have planning consent for a mixed use office, hotel and leisure scheme.

Located within the vicinity are the impressive St Anne’s Cathedral, Leeds City Museum and the Civic Hall with Millennium Square adjacent, Leeds First Direct Arena 3 minute walk away and Leeds Railway Station just a 5 minute walk.

Retail Landmarks Office Buildings

DEMOGRAPHICS

In excess of 200,000 In excess of 200,000 student populatiostudent populationn

with 1,677 student beds 1,677 student beds completed since 2018completed since 2018

Over 16 museums 16 museums and galleriesand galleries

Adjacent to Leeds First Direct Arena with capacity of 13,781 people showing in excess of in excess of

150 events annually150 events annually

C.29m visitors to LeedsC.29m visitors to Leeds in 2019in 2019

79.4% average 79.4% average hotel occupancy hotel occupancy in 2019in 2019

Over 300,000 international 300,000 international visitorsvisitors welcomed to

Leeds annually

A current lack of supplylack of supply of new Grade A office

accommodation

Leeds is the third largest retail third largest retail desitinationdesitination in the UK outside

of London

Located within Leeds’ evolving ‘ Innovation District’‘Innovation District’

Wood

hou

se Lane

Great George Street

Rossington Street

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.

THE OPPORTUNITIES

KEY

1

2

3

Full scheme - 1, 2 & 3 combined

Thoresby House & Leonardo Building1

Proposed New Build Hotel2

Great George Street Offices3

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

The properties comprise approximately following gross and net internal areas:

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.

*Detailed floor by floor areas can be found within the data room.

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.

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

The property has 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

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.

GREAT GEORGE STREET OFFICES

The properties combined have the following gross internal floor areas:

GREAT GEORGE STREET

ROSSINGTON STREET

WO

OD

HO

USE

LAN

E

ALB

ION

STR

EE

T

CO

OK

RID

GE

STR

EE

T

CA

LVE

RLE

Y S

TRE

ET

THE HEADROW

MERRION STREET

EA

ST

GREEK STREET

RUSSELL STREET

SOUTH PARADE

BEDFORD STREET

PA

RK

RO

W

BOND STREET COMMERCIAL STREET

ALBION PLACE

BR

IGG

ATE

LAN

DS

LA

NE

COO

KR

IDG

E ST

REE

T

VERNON STREET

MERRION WAY

WADE L

ANE

PA

RA

DE

THE MERRION CENTRE

ST JOHNS CENTRE

THE LIGHT

LEEDSCENTRAL LIBRARY

& ART GALLERY

THE CORE

LEEDS COLLEGEOF ART & DESIGN

ELECTRIC PRESS

HSBC NATWEST

SLUG &LETTUCE

TRINITY LEEDS

MILLENNIUMSQUARE

LEEDSTOWN HALL

LEEDSCATHEDRAL

123ALBION STREET ST JOHNS

OFFICES

MERRION HOUSE

HALIFAXBANK

BROADGATE

THE UNIVERSITY OF LAW LEEDS

TSB BANK

RBS BANK

THE ALCHEMISTNEIGHBOURHOOD

MANAHATTA

DAKOTA LEEDSGUSTO

BOND COURTCAPITOL HOUSE

COVERDALEHOUSE

BARCLAYS

BROADWAYHOUSE

LLOYDS BANK

QUEENS ARCADE

SUBJECT DEVELOPMENT WADE HOUSE

TOWN CENTRE HOUSE

LEEDS GENERALINFIRMARY

THE LOCATION

Located within Leeds’ Northern Civic Quarter and the ever evolving, “innovation district”, Great George Street is ideally placed to benefit from all that this vibrant and evolving location has to offer. The Development sits on Leeds Loop Road which directly links with the Inner Ring Road and hence further afield to the motorway network and Leeds Railway Station is within a 5 minute walk.

Civic Core Commercial Core Retail Core

A61

A616

A61

A19

A64

A170

A171

A64

A19

A19

A66

A66

A59

A59

A65

A65

A61

A585

A565 A180

A629

A629

A1(M)

A1(M)

M180

M18

M1

M65

M1

M62

M61

M60

M66

M58

M57

M53

M62

M56

M55

M6

M6

M62

M6

50

47

4443

4133

51

357

352

32

53

40

36

321

9229

1

266

21a10

209

141

184

27 4229

3

LEEDS

MIDDLESBROUGH

HULL

SHEFFIELD

MANCHESTER

BLACKPOOL

LIVERPOOL

YORK

EDINBURGH

GLASGOW

NEWCASTLE

HULL

LIVERPOOL

PORT OF HULL

MANCHESTER SHEFFIELD

BIRMINGHAM

BRISTOL

LONDON

LEEDS

PORT OF LIVERPOOL

LEEDSBRADFORD

AIRPORT

M6

M6

M8

M62

M74

A1(M)

M1M5

M4

A CONNECTED CITY

Leeds is an easily accessible City being 40 miles north east of Manchester, 120 miles north of Birmingham and 195 miles north of London. It is located on the M62/M621 motorways which provide access to Manchester and the north west and via the M1, access to the Midlands and London.

Leeds Railway Station is the busiest in Northern England with passenger numbers due to double over the next 30 years. It is served by the East Coast Main Line which provides access to London King’s Cross, whilst also offering direct services to a host of regional cities. Furthermore, Leeds Bradford Airport lies 9 miles north of the City and is serviced by a dedicated coach link, and offers scheduled flights to several destinations throughout the UK as well as to all major European economies.

LONDON (HEATHROW) 1 hr 10 mins

AMSTERDAM (SCHIPOL)

1 hr 20 mins

EDINBURGH 3 hrs 10 mins

LONDON 2 hr 38 mins

YORK 37 mins

MANCHESTER 1 hr 9 mins

LIVERPOOL 1 hr 47 mins

BIRMINGHAM 2 hr 6 mins

EDINBURGH 3 hrs 57 mins

LONDON 3 hrs 43 mins

YORK 39 mins

MANCHESTER 1 hr 57 mins

LIVERPOOL 1 hr 26 mins

BIRMINGHAM 1 hr 57 mins

Paul Fairhurst pfairhurst@savills.com

Paddy Carter pcarter@savills.com

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.

EPCCopies of the EPC’s are available on request.

VATThe property has not been elected for VAT. Further information is available on request. .

TERMSFor further information on terms for consideration, please contact the Agents.

IMPORTANT NOTICE RELATING TO THE MISREPRESENTATION ACT 1967

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 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 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.

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