SINGLE LET LEEDS CITY CENTRE CLINIC INVESTMENT - SINGLE LET ON A NEW 10-YEAR LEASE

Key Points

• Generous and secure gated car park with up to 6x spaces
• Single let on a new 10-year lease (contracted outside the 1954 Act).
• Let to Dentozen Leeds Ltd (Company no.15014876) – a high-end cosmetic dentistry practice / clinic
• The lease includes a guarantor from parent company Dentozen London (Company No.13210836)
• Rent of £34,000 per annum with a fixed uplift to £37,000 per annum at the 5th anniversary
• Effective Freehold interest (Long Leasehold with 999 years from 01 January 2000) at Peppercorn (£50.00pa)

Description

32 Park Place comprises a recently refurbished clinic (former office) over ground floor & lower ground, with WC facilities at ground floor level. There are 14 residential apartments over the 4 floors above, which are under separate ownership.

Following a competitive leasing campaign, Dentozen were selected as the preferred occupier to acquire the building. They refurbished and fitted the building to create a luxury clinic, with works completing in late 2023. The fitted space includes generous clinic suites and a podcast studio. The ground floor has an impressive reception and client waiting area.

A dedicated car park is accessed from Park Place with the ability to park up to 6x vehicles.

Location

In the heart of Leeds' Central Business District, with Leeds train station a short 5-minute walk to the east. The attractive Park Square with its delightful rose beds and ample seating is situated just to the north, and the vast new office development, Wellington Place, is 3 minutes' walk away.