Situated within Thornton's Arcade which links the
prime areas of Lands Lane and Briggate within Leeds
city centre. The property is located in the centre of the
Arcade and nearby occupiers include Starbucks,
Rohan, Phones4u, and Ann Summers.
The property comprises a ground floor retail shop with
additional first floor retail space and second floor
storage, kitchenette and staff WC. The unit benefits
from an internal electric roller shutter to the shop
Measured in accordance with the Royal Institution of
Chartered Surveyors Code of Measuring Practice 6th
Edition the unit provides the following approx. net
Ground floor 238 sq ft (22.1m²)
First floor 173 sq ft (16.1m²)
Second floor 152 sq ft (14.1m²)
Total 563 sq ft (52.3m²)
The property is available by way of a new lease on full
repairing and insuring terms for a minimum certain
term of 3 years. The initial rental will be £22,000 p.a.
exclusive. It is understood that VAT is not applicable
on the sale of this property.
According to the Valuation Office Agency website, the
premises has a current 2017 rateable value of
£14,250. Interested parties are advised to direct
further enquiries to the local authority.