No 1 King Street is a part income producing, prime redevelopment opportunity located in the heart of Leeds City Centre, just a one minute walk to the train station.
Best and final offers are being requested for the property and are to be received no later than 12 noon on Wednesday 23rd March 2022.
Internally, much of the building has undergone refurbishment with contemporary office accommodation benefiting from good natural light, exposed services, comfort cooling and perimeter trunking.
The property is Grade II Listed and lies within the adopted Leeds local Plan and the Leeds City Centre Conservation Area. Although currently within Class E office use, the building also lends itself to alternative uses, subject to the necessary consents and interested parties are advised to make their own enquiries with the Local Planning Authority.
Please get in touch with Richard Dunn, head of our office agency team or joint agents WSB Property to find out more.
Best and Final Offers
All offers should be submitted in writing, both hard copy and by email, and addressed FAO: Richard Dunn, Sanderson Weatherall, 6th Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL and: richard.dunn@sw.co.uk
Interested parties are advised to ensure that any offers specifically confirm and include the following information:
1. Purchase Price – Please confirm the Purchase Price offered for the Property, exclusive of VAT and purchaser’s costs, subject to contract.
2. Purchaser – Please confirm the identity of the Purchaser, to include details of any relevant transactions recently undertaken by the Purchaser.
3. Deposit – Please confirm that a 10% deposit will be paid upon exchange of contracts unless a simultaneous exchange and completion is proposed.
4. Approvals – Please provide details of all internal and / or third-party approvals that would be required prior to purchase and the timing and process required to achieve such approvals.
5. Inspection – Please confirm that the decision maker(s) of the Purchasing entity have inspected the Property.
6. Due Diligence – Please provide full details of all due diligence that has been undertaken by the prospective Purchaser. Please confirm if the proposal will be subject to any surveys and a proposed timetable for these to be cleared.
7. Timescales – Please confirm your proposed timetable to exchange and complete the purchase.
8. Conditions – Please clearly state any other conditions that your offer would be subject to, in addition to the timescales required to clear any conditions.
9. Solicitors – Please confirm the name and address of the solicitors who will be acting for the Purchaser.