Briggate Studios Briggate St 86 Unit Block of Flats For Sale Leeds LS1 6AA
INVESTMENT HIGHLIGHTS
- Opportunity to purchase an 86-bed C3 Residential Use Class asset in Leeds, consisting of a 100% studio bed mix
- The city is home to 5 Higher Education Institutions, with 70,565 full-time students, making it the 6th largest student city in the UK1 .
- Located in a super prime city centre location in Leeds.
EXECUTIVE SUMMARY
Opportunity to purchase an 86-bed C3 Residential Use Class asset in Leeds, consisting of a 100% studio bed mix
· Briggate Studios has the flexibility to cater for a variety of living and hospitality proposals from Student Accommodation, Co-Living and C1 hotel uses, including Serviced Apartments or Aparthotel proposals
· Located in a super prime city centre location in Leeds
· The scheme offers immediate access to Trinity Leeds Shopping Centre, with over 120 shops, restaurants, bars, and cinemas
· The average studio size is 21.7 square meters, which is a highly competitive sizing within the Leeds market, with top floor bedrooms benefitting from outdoor balconies
· The city is home to 5 Higher Education Institutions, with 70,565 full-time students, making it the 6th largest student city in the UK
· The asset offers a wide variety of amenities including a cinema room, yoga studio, study areas, communal lounge, games room, social spaces, social media room, and a private dining ensuite
· 125 year long leasehold interest from 2022 at a peppercorn rent
· Savills are instructed to seek offers for the property which is available by way of an asset purchase, or the acquisition of the UK SPV which holds 100% interest in the leasehold asset
· Briggate Studios has the flexibility to cater for a variety of living and hospitality proposals from Student Accommodation, Co-Living and C1 hotel uses, including Serviced Apartments or Aparthotel proposals
· Located in a super prime city centre location in Leeds
· The scheme offers immediate access to Trinity Leeds Shopping Centre, with over 120 shops, restaurants, bars, and cinemas
· The average studio size is 21.7 square meters, which is a highly competitive sizing within the Leeds market, with top floor bedrooms benefitting from outdoor balconies
· The city is home to 5 Higher Education Institutions, with 70,565 full-time students, making it the 6th largest student city in the UK
· The asset offers a wide variety of amenities including a cinema room, yoga studio, study areas, communal lounge, games room, social spaces, social media room, and a private dining ensuite
· 125 year long leasehold interest from 2022 at a peppercorn rent
· Savills are instructed to seek offers for the property which is available by way of an asset purchase, or the acquisition of the UK SPV which holds 100% interest in the leasehold asset
PROPERTY FACTS
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Units | 86 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 3.49 AC |
| Building Size | 35,531 SF |
| Number of Floors | 4 |
| Year Built | 2023 |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Fridge
- Oven
- Bath/Shower
- Carpet
- Dining Room
- Freezer
SITE AMENITIES
- Security System
- Games room
- Media Centre/Cinema
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 86 | - | 212 - 337 |
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