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

Retail/Leisure Space | 2,518 sq.ft

pdf Leeds Unit 19 Merrion Way (609 KB)

A Prime Location in the heart of Leeds

The Arena Qtr is located in the heart of Leeds (adjacent to the 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 immediate vicinity (including Merrion House which is directly above this property and 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 11.2 million internal 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 Pizza Express, Tenpin, Bengal Brasserie, Starbucks, Union Square, My Thai, Blue Sakura, Bulgogi Grill & PRYZM).

Accommodation

The property holds a prominent corner position on Merrion Way, directly opposite the 1,000 bed Unite Student Development and the 13.5k capacity first direct Arena.

It is currently fitted out and includes a balcony. Nearby tenants include PizzaExpress, Starbucks and Costa Coffee.

Floor sq.m. sq.ft.
Ground Floor 131 sq m (1,410 sq.ft)
First Floor 234 sq m (1108 sq.ft)
(All measurements have been calculated in imperial and converted to metric).

Tenure

The unit is available by way of a new effectively full reporting & insuring lease on terms to be agreed

Rent

£50,000 p.a

Service Charge

The on account service charge budget for the current year ( 2020/21) is £3,275

Rates

From verbal enquiries, we understand the premises are assessed for rates as follows:-
Rateable Value £37,250
Rates payable: £18,290
Interested parties are advised to make their own enquiries to the Local Authority (Tel. 03000 501 501) or visit www.voa.go.uk

Costs

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

2. All figures quoted are exclusive of VAT where applicable.

EPC

EPC rating: E

Viewing

Appointments to view should be made strictly by appointment through Metis Real Estate Advisors. Or our joint agents, Fox LLoyd Jones

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.

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 2,518
  • Area m sq: 234
  • Location: Leeds