Posted on Aug 08, 2018 by Natalie Phillips
Boultbee Brooks, the developers of the award-winning Concordia Works in Leeds, have bought another iconic building in the city.
The London-based real estate company has just acquired Wellington Park House in an off-market deal from a private vendor, represented by Paul Fox of leading Leeds Surveyors Fox Lloyd Jones.
Mr Fox explained: “The vendor had a specific need for an early and confidential sale and the purchaser acted swiftly and expertly, completing the deal within four weeks of first contact. We felt the purchaser’s aspirations of quality for the building were in line with my client’s wishes to sympathetically renovate and reinvent a building they had owned for many years”.
The 23,562 sq ft building is situated on the junction of Wellington Street and Thirsk Row, just a two-minute walk away from Leeds Railway Station.
Eamon Fox, partner with global property consultancy Knight Frank in Leeds, who advised Boultbee Brooks on this deal, commented: “This is an extremely exciting development opportunity. Wellington Park House is an historic building in a prime city centre location.
“Developers Boultbee Brooks have already demonstrated their commitment to excellence in Leeds with the stunning refurbishment of Concordia Works in Sovereign Street, which has won a number of prestigious awards.
“We have got a pretty blank canvas,” said Mr Fox. “Boultbee Brooks have been looking for a suitable development opportunity now Concordia Works has been completed. And this is it. The building will be radically refurbished to provide a solution to the increasing demand for trendy, cutting-edge office space in Leeds.”
“The newest generation of workers expect their office to be an inspiring and enjoyable place to work. Historically the preserve of technology and media firms, the new ideal office combines collaborative spaces with individual work areas, as well as providing amenities that encourage people to think of work as an extension of home,” he explained.
Wellington Park House features a 1,675 sq ft retail/leisure unit on the ground floor and six other 3,675 sq ft floors, suitable for offices. There is a split basement and upper level car parking for eight vehicles with the opportunity for a further six spaces.
Wellington Park House was originally built in 1881 for Hepworth Tailors but was badly damaged by the Great Fire of Leeds in July 1906. It was subsequently completely rebuilt and continued to be occupied by Hepworths, the forerunners of Next, until the 1920s.
Eamon Fox added: “The location is superb. Apart from being so close to the rail station. There are an abundance of sandwich shops, cafes, bars and restaurants in the immediate vicinity providing excellent amenities for staff and occupiers.”
Mar 02, 2021
Catella APAM (“APAM”) is embarking on a significant refurbishment programme for 2 Whitehall Quay, another prime office in the city centre, and has appointed joint agents Fox Lloyd Jones and CBRE to market three floors of Grade A office accommodation within the building.
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Jan 13, 2021
Multi-disciplinary property agency, Fox Lloyd Jones, has welcomed experienced agent, Harry Finney to its team as a senior surveyor to assist in a growing workload and a raft of new client wins.
Jan 06, 2021
Our team is experienced, focused, discreet and motivated by results.
May 06, 2020
Tile importer, European Heritage, is relocating its warehouse from London to Potter Space business park Ripon, to be better placed to distribute its products to the whole of the UK.
Apr 27, 2020
There are many positives to take from the Q1 figures for Leeds office take up.
Apr 01, 2020
Chartered surveyor and project manager, Adam Watson, has been promoted to Associate at Leeds-based, multi-disciplinary agency, Fox Lloyd Jones, where he specialises in project and development management. Will Smithies has also joined Fox Lloyd Jones from local firm Bowman Riley.
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Mar 18, 2020
Much like your business, FLJ continues closely monitoring Government advice and the evolving Coronavirus/Covid 19 situation. The wellbeing of our colleagues, clients and those that we work with is our first priority. Our heartfelt thoughts go out to those people and families already affected by the Coronavirus and in context we feel the need to take steps to reduce the risk to our and your people, while continuing to support your business.
Feb 18, 2020
LS1 Headrow, a prime Leeds city centre mixed-use investment owned by Palm Assets Limited has been sold by Fox Lloyd Jones to Leeds-based property management and lettings company, YPP.