NEW DEVELOPMENT IN LEEDS, SOUTH BANK - Ground floor Leisure units - part of a 245 apartment Resi scheme - PC June 23

Key Points

• Practical completion of scheme - September 2023
• New Leeds development and destination
• Beautiful listed heritage features found in the surrounding red brick towers
• Units will face into a central landscaped square with outside seating
• Located in South Bank - which has plans to double the size of the city centre
• Three units face Leeds Liverpool Canal for scenic views in the summer months
• Surrounded by future development plots for both Residential and Office schemes either under construction or in planning

Description

Tower Works is a new mixed-use development in South Bank, Leeds – an extension of Mustard Wharf, a successful, established residential scheme with 90-100% occupancy. Mustard Wharf is now home to a range of leisure operators including 2 restaurants (The Owl and Chance & Counters), a café (92 Degrees) and a boutique fitness studio (Barrecore).
Tower Works strives to create an additional 'leisure destination' / extension of Mustard Wharf with the ability to offer outside seating within the central square, between the listed towers, which are full of character. The units are perfect for a mixture of independent operator types such as convenience stores, cafés, restaurants, flexible offices (providing co-working spaces), health & well being concepts (such as a boutique gyms, pilates, Yoga, spin and more). The flats once let will provide an onsite customer base of over 1,000 residents (when combined with the existing tenants at Mustard Wharf).

Unit 5, 6 and 7 benefit from facing Leeds Liverpool Canal which provides another unique characteristic of the scheme (especially in the summer months).

Available area

The development provides 5 separate ground floor units with the following range in sizes:

Location

Tower Works is less than 2 minutes' walk from Granary Wharf – an established leisure circuit and connected to Leeds Train Station's south entrance/exit. South Bank is an exciting and evolving area with a vision to create 35,000 jobs across key sectors and at least 8,000 new homes, currently very popular with young professionals.
New residential schemes are finding very strong interest once they have launched a new building, creating a strong customer base for any new leisure operators taking space within the South Bank area. New residential developments include Mustard Wharf, Pin Yard, Leodis Square and Iron Works town houses. Additional mixed use sites in design phase or in planning include: City One, Platform, Arthurs Fold, Westbank, Beck Yard, Globe Square, Globe Road, Springwell Gardens and Latitude plus more sites further east within the South Bank area. The area is thriving with development and quality leisure opportunities will continue to follow.