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The Malthouse Chadwick St 24,376 sq ft 89% Let Office Property Leeds LS10 1LJ £3,800,000 (£155.89/sq ft) 14.08% Net Initial Yield

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Investment Highlights

  • Strategically located in the South Bank of Leeds
  • Fully refurbished former brewery building providing 24,376 sq ft of high quality office accommodation
  • Passing rent of £570,000 per annum
  • Excellent transport links with Leeds Rail Station
  • Let to Intermarketing Group Limited until 19 December 2029
  • EPC B (46)

Executive Summary

Fully refurbished former brewery building providing high quality office accommodation, seeking offers in excess of £3,800,000 with a net initial yield of 14.08% assuming standard purchaser's coast and a low capital value of £156 psf.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
24,376 sq ft
Costar Property Class
B
Year Built
1865
Price
£3,800,000
Price per sq ft
£155.89
Yield
14.08%
NOI
£535,040
Occupancy Rate
89%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
13,000 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.67
Total Plot Size
0.83 ac
Parking
72 Spaces (2.97 Spaces per 1,000 sq ft Leased)

Amenities

  • Courtyard
  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Raised Floor System

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste Part
  • 2,750 sq ft
  • Office
  • Partial Fit-Out
  • Now

The available accommodation is available by way of a new full repairing and insuring lease for a term to be negotiated and agreed. The commencing rental rate is to be £40 per sq ft (equating to £9,167 per calendar month), which is to be inclusive of the building service charge, building insurance, utilities, and existing furniture within the available suite.

Space Size Space Use Condition Available
2nd Fl-Ste Part 2,750 sq ft Office Partial Fit-Out Now

2nd Fl-Ste Part

Size
2,750 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste Part

Size 2,750 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

The available accommodation is available by way of a new full repairing and insuring lease for a term to be negotiated and agreed. The commencing rental rate is to be £40 per sq ft (equating to £9,167 per calendar month), which is to be inclusive of the building service charge, building insurance, utilities, and existing furniture within the available suite.

  • Listing ID: 39247332

  • Date on Market: 29/01/2026

  • Last Updated:

  • Address: Chadwick St, Leeds LS10 1LJ

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