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Merrion Centre Merrion Way 2,221 SF of Assignment Available in Leeds LS2 8NZ
ASSIGNMENT HIGHLIGHTS
- Prominent Business Location
- Wide Frontage
- Solid Transport Links
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,221 SF | Jun 2032 | $58.07 CAD/SF/YR $4.84 CAD/SF/MO $128,972 CAD/YR $10,748 CAD/MO | Fully Repairing & Insuring |
Ground
The premises are held on an effective full repairing and insuring lease for a term expiring on the 16 June 2032, granted outside he security of tenure provisions of the Landlord & Tenant Act 1954. The current rental is £70,000 pa, which is subject to rent review on the 17 June 2027. The lease is subject to a tenant only option to break on the 16 June 2027, subject to a penalty payment.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Energy Performance Rating - B
- Common Parts WC Facilities
- Great Natural Light
- High Daytime Foot Traffic
- EPC B
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT MERRION CENTRE
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- CitiPark
- Automotive
- 2
- National
- Iceland
- Supermarket
- 1,055
- International
- PRYZM
- Cocktail Bar
- 5
- National
- Pure Gym
- Fitness
- 682
- International
- Queens International
- -
- 1
- -
- Tenpin
- Bowling/Billiards
- 49
- National
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| CitiPark | Automotive | 2 | National |
| Iceland | Supermarket | 1,055 | International |
| PRYZM | Cocktail Bar | 5 | National |
| Pure Gym | Fitness | 682 | International |
| Queens International | - | 1 | - |
| Tenpin | Bowling/Billiards | 49 | National |
PROPERTY FACTS
| Total Space Available | 2,221 SF | Total Land Area | 7.32 AC |
| Property Type | Retail | Year Built/Renovated | 1964/2007 |
| Gross Leasable Area | 565,297 SF |
| Total Space Available | 2,221 SF |
| Property Type | Retail |
| Gross Leasable Area | 565,297 SF |
| Total Land Area | 7.32 AC |
| Year Built/Renovated | 1964/2007 |
ABOUT THE PROPERTY
The property comprises a large mixed use building first opened in 1964 as an open air retail destination. A roof was installed in the 1970s and has remained covered since. Internally the property comprises 330,873 sq ft of retail space and 234,721 sq ft of office space in a range of units. The property is predominantly arranged over two floors but is flanked by two large office buildings which reach up to 12 floors office accommodation. In 2007 a refurbishment to the entrance on Woodhouse Lane saw the construction of the six floor Town Centre House which added further office space to the scheme. The property is located on Wade Lane in the centre of Leeds, close to the main office and retail cores of the city. The shopping centre has three entrances fronting Merrion Way, Woodhouse Lane and Merrion Street. The property is a short walk from Leeds Railway Station and the main retail core of Briggate.
- 24 Hour Access
- Bus Line
- Controlled Access
- Mezzanine
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Automatic Blinds
- Storage Space
- Air Conditioning
- Smoke Detector
Presented by
Merrion Centre | Merrion Way
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