19-21 Albion Place, Leeds, LS1 6JS
Leeds is the main commercial centre for Yorkshire and is located at the heart of the UK, approximately 35 miles (56 km) north of Sheffield, 44 miles (71 km) north east of Manchester and 194 miles (312 km) north of London. Leeds benefits from excellent road communications via the M621 which serves the City and links to the M1 and M62 Motorways to the south and on to the A1(M) to the east thereafter. Leeds train station is one of the busiest in the country, serving nearly 38 million passengers per year, with regular services to London Kings Cross within 2 hours and 15 minutes. Leeds Bradford Airport lies to the north west of the City and provides national and international direct flights to over 75 destinations.
Leeds has a primary catchment population of 1,450,000, the population being boosted by the City’s 20,000 resident students, comprising 10% of the UK student population. As a result of the strong catchment, Leeds in-store retail expenditure is ranked 2nd nationally and Leeds has recently been named as one of the top three retail destinations to visit in the UK. Retail consultancy Javelin Group’s annual ranking of the UK’s top venues has seen Leeds rise to within the top 3 (outside of Central London), alongside Glasgow and Manchester. It is forecast to grow at 1.6% in real terms over the next five years, above the Major City average of 1.2%. Expenditure is boosted by tourism with Leeds receiving 25 million day visitors per annum, generating in excess of £650m.
The property occupies a prominent position on Albion Place, just a few meters from Briggate. It sits only approximately 75m to the north of one of the main entrances into the Trinity shopping centre. Situated in the prime retail core, the street provides an extremely busy pedestrianised thoroughfare which will only be improved once the new Victoria Gate shopping centre opens in 2016 which will be anchored by a new flagship John Lewis store. An estimated 190,000 Leeds office employees walk along Albion Place from the office CBD towards Briggate everyday. Albion place has attracted a wide variety of national retailers over the years including Pizza Express, Pret à Manger, Byron Hamburgers, Costa Coffee, Snow & Rock and WH Smith. Other nearby retailers include WH Smith, Little Waitrose, Warehouse and Miss Selfridge. The property benefits from being situated close to two of the City’s key car parks: Q-Park Albion Street (389 spaces) and The Core NCP (313 spaces).
The property comprises a distinctive Grade II Listed building providing ground and first floor trading with ancillary accommodation on basement, second and third floors.
The property benefits from an external seating area by way of pavement licence from the Council.
The units are occupied by three established retailers; Caffe Nero, Hotel Chocolat and Bridge the World.