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The Electric Press 14 Great George St 50,802 SF 100% Leased Retail Building Leeds LS2 3AW $13,769,598 ($271.04/SF) 10.22% Cap Rate
Investment Highlights
- Mixed use
- Prominent location
- Natural light
Executive Summary
Seeking offers in excess of £10.1 million, reflecting a 10.22% net initial yield.
The 54,387-square-foot leisure and office investment is in Leeds’ Civic Quarter and is a Grade II-listed property. Offices at the Electric Press were recently refurbished to provide 16,405 square feet of Grade A space. Higher education provider the Institute of Contemporary Music Performance occupies the office space on a 15-year lease.
The 54,387-square-foot leisure and office investment is in Leeds’ Civic Quarter and is a Grade II-listed property. Offices at the Electric Press were recently refurbished to provide 16,405 square feet of Grade A space. Higher education provider the Institute of Contemporary Music Performance occupies the office space on a 15-year lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Office
Building Size
50,802 SF
Building Class
B
Year Built/Renovated
1840/2023
Price
$13,769,598
Price Per SF
$271.04
Cap Rate
10.22%
NOI
$1,407,253
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.40
Lot Size
2.90 AC
Frontage
Amenities
- Courtyard
- Security System
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Courtyard
- Basement
- 1,918 SF
- Retail
- -
- 30 Days
- Ground
- 4,821 SF
- Retail
- -
- 30 Days
- Ground
- 1,961 SF
- Retail
- -
- 30 Days
- 1st Floor
- 3,157 SF
- Retail
- -
- 30 Days
- Mezzanine
- 533 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| COURTYARD | 392 SF | Retail | - | 30 Days |
| Basement | 1,918 SF | Retail | - | 30 Days |
| Ground | 4,821 SF | Retail | - | 30 Days |
| Ground | 1,961 SF | Retail | - | 30 Days |
| 1st Floor | 3,157 SF | Retail | - | 30 Days |
| Mezzanine | 533 SF | Retail | - | 30 Days |
COURTYARD
| Size |
| 392 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Basement
| Size |
| 1,918 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Ground
| Size |
| 4,821 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Ground
| Size |
| 1,961 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size |
| 3,157 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Mezzanine
| Size |
| 533 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
COURTYARD
| Size | 392 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Courtyard
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The Electric Press | 14 Great George St
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