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11 Merrion Way, Merrion Centre, Leeds, LS2 8BT

Retail/Leisure Space To Let | 3,958 sq.ft

Location

The Arena Qtr is located in the heart of Leeds (adjacent to the state of the art 13.5k capacity first direct Arena) which is where the city’s retail, entertainment, universities, civic and office areas meet.

With an abundance of student accommodation and offices within the direct vicinity (including Merrion House which is home to over 2200 Leeds City Council employees and a customer facing One Stop facility), it is fast becoming one of the busiest retail and leisure destinations across the city.

In addition, it’s location envelops a busy shopping centre (the Merrion Centre, which welcomes over 11.6m customers per year) and a state of the art 1,000 space CitiPark car park, which further enhances visitor numbers to the Arena Qtr’s day time offering.

Current occupiers within the Arena Qtr include a 134 bedroomed ibis Styles Hotel, along with several other high end bars, restaurants and nightclubs (including Bengal Brasserie, My Thai, Bulgogi Grill & Pryzm).

Accommodation

The property holds a prominent position on Merrion Way, directly opposite the 1,000 bed Unite Student Development and 13.5k capacity first direct arena. It is currently partially fitted out, with nearby tenants including My Thai, Blue Sakura, PureGym, Bengal Brasserie, Arnold’s Restaurant & Bar and Fuji Hiro.

Floor sq.m. sq.ft.
Ground Floor Sales 367.7 sq.m (3,958 sq.ft)
(All measurements have been calculated in imperial and converted to metric).

Rent

Upon application.

Tenure

The unit is available by way of a new effectively full repairing an insuring lease on terms to be agreed.

Service Charge

The on account service charge budget for the current year (2018/19) is £26,441

Rates

From verbal enquiries, we understand the premises are assessed for rates as follows:-

Rateable Value £61,500
Rates Payable (2017/18) £30,319

Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk.

Costs

All figures quoted are subject to VAT where applicable.

The ingoing party is to be responsible for their own legal costs incurred in the transaction.

Service Charge

The on account service charge budget for the current year (2018/19) is £26,441

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

EPC Rating

C

Viewing

Viewings should be made strictly by prior appointment through Dan Davies or Tom Powell of this office, or via our joint agent Town Centre Securities (helen.green@tcs-plc.co.uk) or Fox Lloyd Jones (harry.dunhill@fljltd.co.uk)

Dan Davies:

Tom Powell:

Code of Practice

The landlord accepts the principles of the Code of Practice for Commercial Leases in England and Wales. Alternative lease terms are available on request. A copy of the Code of Practice can be obtained from the Royal Institution of Chartered Surveyors, 12 Great George Street, Parliament Square, London, SW1P 3AD, Tel: 0207 334 3795 or alternatively from the website: www.leasingbusinesspremises.co.uk.

Subject To Contract & Without Prejudice

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 3,958
  • Area m sq: 367.7
  • Location: Leeds