Aire Street Workshops acquired by office operator
Yorkshire-based workspace specialist WorkWell has bought the 23,000 sq ft facility from Leeds City Council.
WorkWell plans to retain the four-storey building’s commercial use and will offer the current occupiers workspaces as it improves the quality of the interior.
The 22,979 sq ft building has a basement and attic space. It offers a private road and a small gated car park. The building currently has 30 individual units and offers communal spaces, and is currently home to 50 businesses.
WorkWell paid an undisclosed sum for the asset.
Oliver Corrigan, managing director of WorkWell, said: “We are pleased to allay any fears the current occupiers had about the building being sold and converted into flats. As a leading provider of serviced office space, we plan to improve the working environment of the building over the coming months.
“All the current occupiers will be offered space in the much-improved workspace.”
Aire Street Workshops was built in 1875 as a cloth warehouse. In 1981, the nearly derelict building was bequeathed to the city as a space to house and help small industrial businesses.
WorkWell is an established operator, currently supporting 800 people across two centres in Leeds and a newly opened development in Harrogate.