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38a, Lands Lane, Leeds

Archive - This property is no longer available.

Location

The subject property occupies an exceptionally busy footfall location on Lands Lane, within the heart of Leeds City Centre.

Directly opposite is the recently refurbished Core Shopping Centre, with both Queens Arcade and Thornton’s Arcade located close by linking Lands Lane through to prime Briggate.

The property is situated immediately adjacent to Ann Summers and Wittard of Chelsea. Other nearby retailers include, HMV, Levi’s, Waitrose, Hallmark Cards, River Island, TK Maxx and Clas Ohlson.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor Sales 614 57
Basement Storage 525 49

The unit has a very prominent frontage and benefits from a return window bay running down Swan Street.

Rent

We are seeking rental offers in excess of £50,000 per annum exclusive. The rent quoted is exclusive of Service Charge, Rates and VAT. VAT will be applicable.

Tenure

The unit is offered on a new 10 year full repairing and insuring lease, subject to an upwards only rent review at the end of year 5.

Business Rates

The Rateable Value of the unit in the rating list of April 2010 is £91,000. Rates payable will be £41,678 per annum for 2012/13.

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

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