MIPIM UK 2016: Leeds City Council has launched the sale of a £4m prime city centre development site and an 86,745 sq ft trio of heritage buildings.
The development site at 2 Sovereign Square comprises 10,763 sq ft with the opportunity to extend the height of the building. It has consent for offices, hotels, residential and leisure facilities. The scheme is next to 1 Sovereign Square, KPMG’s new Leeds headquarters and 3 Sovereign Square, where Addleshaw Goddard has agreed a deal to lease offices.
The scheme is being marketed for £4m through the council’s in-house land and properties team.
The heritage buildings in the city’s civic quarter including the Leonardo building, Thoresby House and 2 Great George Street are being marketed for offers in excess of £8m.
The buildings are used by Leeds City Council as offices. Subject to planning, other suggested uses are hotel, restaurant, café, bar , leisure, entertainment and residential.
Leeds City Council leader Judith Blake said: “Sovereign Square’s proximity to Leeds station, the fantastic city centre retail offer and the exciting South Bank makes the site one of the very best connected locations in the city; while the complex of Leonardo, Thoresby House and 2 Great George Street is ideally located within the business, higher education and innovation area.”
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