Prominent Freehold Mixed-Use Investment Sells on The Headrow, Leeds.

Posted on Feb 18, 2020 by Natalie Phillips

Prominent freehold mixed-use investment sells on The Headrow, Leeds.

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.

The 12,444 sq ft building, which spans 109 - 113 The Headrow, has a self-contained ground floor retail unit, with five upper floors of creative offices and secure basement car park. Tenants include WSP, Retail Express and Vortex Commerce.

Speaking about the sale, Danny Bowers, chief executive of Palm Assets Limited, said,

‘We were always confident there would be interest in the property as we received a number of approaches since we acquired the asset.

‘It is a promising time for Leeds, helped with a renewed focus from Government in stimulating local economies in the north, and the city is well placed to benefit from the various initiatives.”

Commenting on the sale, director of Fox Lloyd Jones, Nick Salkeld, said,

“YPP recognised the potential of this building as an income producing asset with long term redevelopment potential. With high quality specification and a strategic location on the Headrow, it has attracted and retains quality tenants.

Othman Dakhil from YPP added,

“It is a very exciting purchase for YPP within a prominent position in Leeds City Centre and we hope to purchase more buildings in the future to expand our portfolio within such an exciting and developing city.”

 Fox Lloyd Jones have now been retained by YPP, as leading agents, to market the vacant office suite of 2,917 sq ft on the second floor, which is divisible into small suites and available on flexible / all-inclusive arrangements.

Related News

Agency Team - 2020, Our Year to Date

Aug 19, 2020

Our team is experienced, focused, discreet and motivated by results.

Potter Space welcomes tile importer and supplier to its Ripon business park

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.

Leeds Office Market Q1 2020 Snapshot

Apr 27, 2020

There are many positives to take from the Q1 figures for Leeds office take up.

Fox Lloyd Jones promotes Adam Watson to Associate and recruits Will Smithies to the team

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.

Prime Rental Location on Cookridge Street, Leeds will be Home to new Chinese Supermarket

Mar 18, 2020

The ground floor of luxury residential block, ‘Oasis Residence’, has been let by Fox Lloyd Jones to local business owner, Jiang Young Feng, who will be opening a Chinese supermarket on the site.

FLJ: Covid-19

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.

Prominent Freehold Mixed-Use Investment Sells on The Headrow, Leeds.

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.

Former Trio Restaurant in Headingley to be Redeveloped into High Specification Offices

Jan 29, 2020

ATC Properties Ltd has received planning permission to convert the former home of Trio bar/restaurant in Headingley into high specification, Grade A offices to be known as ’44 North Lane’.

Walker Morris Secures Sub Tenant for its New Landmark Building on Wellington Street, Leeds

Jan 21, 2020

FLJ, acting on behalf of Walker Morris, acquired an overriding lease over the whole of the 76,000 sq ft landmark building in 2018, and project-managed the delivery of the new offices through to completion.

Agency Team - Last 6 Months of 2019 Highlights

Jan 06, 2020

Our team is experienced, focused, discreet and motivated by results

1 2 3 4 Next →