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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

Property Facts

Sale Type Investment
Tenure Long Leasehold
No. Units 86
Property Type Residential
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

Unit Amenities

  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/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
  • Listing ID: 33853862

  • Date on Market: 13/11/2024

  • Last Updated:

  • Address: Briggate St, Leeds LS1 6AA

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