Office space with residential conversion potential on the market in Birstall

Published on: 6th March 2017

Wesley House, a 10,313sq ft office building in Birstall, West Yorkshire has gone on the market for an asking price of £650,000.

Wesley House is a Grade II listed former Wesleyan Chapel that was converted into office accommodation in 1988. The offices are split across four floors with a feature reception area including a spiral staircase.

Office agent Tom Goode commented, “This is a fantastic opportunity for an owner-occupier and the building not only offers great office space, but also has the potential for residential conversion”.

“Due to the buildings close proximity to major transport links and redevelopment potential we expect there to receive significant interest.”

Click here for more information.

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Wellington Street’s Churchill House set for Residential Conversion

Plans for a new city centre apartment complex on Wellington Street in Leeds have progressed as the partial demolition of Churchill House has been recommended for conditional approval. The residential complex, which would be situated at the site of the grade II-listed office building, is set to include 22 apartments and a ground floor restaurant and cafe. The plans, drawn by Think Architecture + Design, also detail a seven-storey extension to the rear of Churchill House. Head of agency at our Leeds office, Richard Dunn, commented, “The previous occupiers of Churchill House, Thompson Solicitors, moved in March 2016 to a refurbished 7,250 sq ft suite at Coverdale House. Since relocating them, the office building has remained vacant.”

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Plans for a new city centre apartment complex on Wellington Street in Leeds have progressed as the partial demolition of Churchill House has been recommended for conditional approval.

The residential complex, which would be situated at the site of the grade II-listed office building, is set to include 22 apartments and a ground floor restaurant and cafe. The plans, drawn by Think Architecture + Design, also detail a seven-storey extension to the rear of Churchill House.

Head of agency at our Leeds office, Richard Dunn, commented, “The previous occupiers of Churchill House, Thompson Solicitors, moved in March 2016 to a refurbished 7,250 sq ft suite at Coverdale House. Since relocating them, the office building has remained vacant.”

[fulltext] =>

An objection by Historic England means the application, which has been submitted by Barton Willmore on behalf of owner Hallborough Properties, will now be referred to government for a final decision.

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Leeds Offices Market Update Q4 2016

The Leeds office market tabled total take-up of 138, 624 sq ft in Q4 of 2016. Leeds City Centre take-up totalled 109,682 sq ft across 30 transactions. The largest transactions of the quarter saw Medical Protection Society acquire 22,685 sq ft at 1 Victoria Place, and BDO LLP take 12,755 sq ft at Central Square. Out of Town take-up totalled just 28,942 sq ft (Q4 2015: 98, 490 sq ft), in what continues to be a challenging period for the out of town market. Across the 21 out of town transactions, the largest saw SD Taylor Ltd take 6,105 sq ft at Turnberry Business Park in Morley.

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Q4 2016The Leeds office market tabled total take-up of 138, 624 sq ft in Q4 of 2016.

Leeds City Centre take-up totalled 109,682 sq ft across 30 transactions. The largest transactions of the quarter saw Medical Protection Society acquire 22,685 sq ft at 1 Victoria Place, and BDO LLP take 12,755 sq ft at Central Square.

Out of Town take-up totalled just 28,942 sq ft (Q4 2015: 98, 490 sq ft), in what continues to be a challenging period for the out of town market. Across the 21 out of town transactions, the largest saw SD Taylor Ltd take 6,105 sq ft at Turnberry Business Park in Morley.

[fulltext] =>

Total 2016 take-up in Leeds city centre stood at 430,000 sq ft, compared with 679,000 sq ft in 2015. Full year activity in the out-of-town market was recorded as 312,000 sq ft compared with 268,000 sq ft from the previous year.

Head of office agency at our Leeds office, Richard Dunn, said, “Although take-up in 2016 was below the 10 year average, against the backdrop of the decision to leave the EU, this was not unexpected. 

“Looking forward to 2017, Brexit may lead to an increased emphasis on reducing costs for UK businesses which could manifest itself in further “northshoring” of back-office functions to Leeds’ benefit.

“In addition, transactional levels will be boosted by the deals which slipped from Q4 together with the planned GPU “hub” & forthcoming lease events. 

“I expect the market to be busy over the next six months with a positive upswing in take-up and further growth in prime rents.

Click here to download the full Q4 2016 Leeds offices market update.

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Office Agency

Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country. Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage. Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business. Agency Disposals: Realistic marketing advice and methodology Comprehensive market knowledge and full research facilities Extensive enquiry database Innovative marketing ideas Appraisal of alternative uses with in-house town planning advice Agency Acquisitions: Obtaining a clear understanding of our client’s requirements and commercial objectives Comprehensive property stock search and identification of development opportunities Objective advice on the suitability of identified properties Negotiation of favourable terms Full back up service including structural surveys, planning advice and fitting out etc. Valuation and finance advice Development Consultancy: Thorough market research Advice on selection and appointment of consultants Undertaking of full financial appraisals and timescales Advice on optimum composition of development Assessment of deliverability Advice on specification and scheme layout End user knowledge   Contact Us

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Our office agency team provide advice and expertise on the sale, acquisition, marketing, development and leasing of office properties and developments across the country.

Utilising in-depth experience of the UK office sector coupled with extensive knowledge of the local and regional marketplaces in which we operate, each team possesses unrivalled skills to work to your significant advantage.

Our specialist knowledge ranges from individual office suites to out of town business parks and new-build city centre developments.The specialism is supported by a broad range of additional services within the business.

Agency Disposals:

  • Realistic marketing advice and methodology
  • Comprehensive market knowledge and full research facilities
  • Extensive enquiry database
  • Innovative marketing ideas
  • Appraisal of alternative uses with in-house town planning advice

Agency Acquisitions:

  • Obtaining a clear understanding of our client’s requirements and commercial objectives
  • Comprehensive property stock search and identification of development opportunities
  • Objective advice on the suitability of identified properties
  • Negotiation of favourable terms
  • Full back up service including structural surveys, planning advice and fitting out etc.
  • Valuation and finance advice

Development Consultancy:

  • Thorough market research
  • Advice on selection and appointment of consultants
  • Undertaking of full financial appraisals and timescales
  • Advice on optimum composition of development
  • Assessment of deliverability
  • Advice on specification and scheme layout
  • End user knowledge

 

Contact Us

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