Savills is letting agent at the property. Credit: Savills

One East Parade on the market for £17m

The sale of the 54,000 sq ft grade A office building in Leeds is being handled by CBRE at a rate of £316/sq ft.

The eight-storey city centre property is let to eight tenants, including Alvarez & Marsal, which occupies 6,500 sq ft of space, and Q-Park.

Other tenants at the building include Appleyard Lees, Goodall Brazier, and Clearwater International.

Prime rents in Leeds are currently at £42/sq ft, and One East Parade has an average rent of £29/sq ft, with its most recent letting securing £35/sq ft.

Strong environmental credentials include an all-electric building, EPC rating of B, BREEAM Very Good, and a WiredScore of Platinum.

The building also comes with 21 basement parking spaces.

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Remember being in the previous building Devereax House, a Tax Office with a pub in the basement 😅

By SpenLen

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