Investments
Spencer House, Leeds – Snow & Rock
This is a multi let retail and residential building right in the heart of Leeds city centre, the basement, ground and first floors are let to Outdoor & Cycle Concepts Ltd who trade as Snow + Rock, Runners Need and Cotswold Outdoor.
Leeds and London converted the second and third floors into 11 luxury apartments which have seen almost 100% occupancy since conversion and significant annual rental growth.
Vicar Lane, Leeds – Hugo Boss
Another recent acquisition is the Hugo Boss building on Vicar Lane, Leeds and the retailer has agreed to enter into a new five year lease proving their commitment to both high street retail and confirming Leeds as a key area for major retailers.
Whilst providing a strong rental stream for many years to come there is the long term potential to develop the upper floors to mirror the commitment we have made at our Lands Lane site.
Cumnock, Scotland – ASDA
Acquired some years ago this site occupied on a long term lease with Asda has the benefit of being the only supermarket in the area and has proved an excellent investment with consistent rental growth.
Headingley, Leeds – Anchor Trust
Another long term investment this site is let in it’s entirety to Anchor Trust operating as one of the main Care providers for the elderly in the Headingley area.
Due to the changing nature of the elderly care market Anchor have recently approached us with a proposal for a potential redevelopment of the site for a more modern approach to care for the elderly.