• Former Regional HQ Office and Tyre & Exhaust Centre
• 3 storey buildings
• Prominent position fronting Regent Street
• 0.27 acre (0.109 ha) site
• Potential for re-development subject to planning
The property is prominently located on Regent Street in Leeds city centre, and further bordered between Bell Street and Mabgate, within a 10 minute walk to the retail area of Leeds. The property is surrounded by a mixture of uses including residential and retail.
The site is situated within an area currently undergoing regeneration including major development projects at the former British Gas site to the west, the development at Quarry Hill to the south and other developments along Regent Street. It is considered that potential exists to redevelop the site for alternative land uses including residential or student accommodation, with active uses at ground floor (subject to gaining the requisite planning permission).
The site also has potential to accommodate a tall building (subject to design and technical investigations) in keeping with the surrounding context of other developments in the area, a height of circa 12-16 storeys may complement surrounding developments which include heights of 23-40 storey at the British Gas site and circa 8-16 storeys at Quarry Hill. Longer distance views will be important to consider, particularly where a proposal may alter the city’s skyline. The site is situated in Flood Zone 3. There are no listed buildings on site. Pre-application discussions with Leeds City Council are recommended.
The property is held on a freehold basis.