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The Malthouse Chadwick St 24,376 SF 89% Leased Office Building Leeds LS10 1LJ $5,203,340 ($213.46/SF) 14.08% Cap Rate

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Investment Highlights

  • Strategically located in the South Bank of Leeds
  • Fully refurbished former brewery building providing 24,376 sq ft of high quality office accommodation
  • Passing rent of £570,000 per annum
  • Excellent transport links with Leeds Rail Station
  • Let to Intermarketing Group Limited until 19 December 2029
  • EPC B (46)

Executive Summary

Fully refurbished former brewery building providing high quality office accommodation, seeking offers in excess of £3,800,000 with a net initial yield of 14.08% assuming standard purchaser's coast and a low capital value of £156 psf.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
24,376 SF
Building Class
B
Year Built
1865
Price
$5,203,340
Price Per SF
$213.46
Cap Rate
14.08%
NOI
$732,630
Percent Leased
89%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
13,000 SF
Slab To Slab
11’
Building FAR
0.67
Lot Size
0.83 AC
Parking
72 Spaces (2.97 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Raised Floor System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste Part
  • 2,750 SF
  • Office
  • Partial Build-Out
  • Now

The available accommodation is available by way of a new full repairing and insuring lease for a term to be negotiated and agreed. The commencing rental rate is to be £40 per sq ft (equating to £9,167 per calendar month), which is to be inclusive of the building service charge, building insurance, utilities, and existing furniture within the available suite.

Space Size Space Use Condition Available
2nd Fl-Ste Part 2,750 SF Office Partial Build-Out Now

2nd Fl-Ste Part

Size
2,750 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste Part

Size 2,750 SF
Space Use Office
Condition Partial Build-Out
Available Now

The available accommodation is available by way of a new full repairing and insuring lease for a term to be negotiated and agreed. The commencing rental rate is to be £40 per sq ft (equating to £9,167 per calendar month), which is to be inclusive of the building service charge, building insurance, utilities, and existing furniture within the available suite.

  • Listing ID: 39247332

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: Chadwick St, Leeds LS10 1LJ

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