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Leeds Grade A office shortage helped by refurb

Posted by Marianne
January 31, 2014 in Office Partitioning

The completion of a £1m  office refurbishment  office refurbishment in Leeds City Centre has, according to the owner of the property, released the city’s most prestigious location into the market.

Also answering the shortage of top grade offices available in the city, two office floors in the NFU Mutual-owned No.1 Whitehall Riverside have been completely renovated.

With new partitions,  suspended ceilings  suspended ceilings and LED lighting throughout, the investment fund surveyor for NFU Mutual, David Hidderley, said:

“Our refurbishment […] responds to [the] acute Grade A shortage [in Leeds] and we are pleased to officially launch back to the market what we believe is the most prestigious office in the city.”

With the size of the 34,000 square foot space set to attract interest from high profile firms in the Yorkshire city, Hidderley continued:

“Nowhere else in the central business district can currently offer available 17,000 sq ft floor plates.”

Further validation of the attention the development is now likely to attract came from an Occupier Perception Report. Commissioned on the back of the refurb, the independent report concluded that riverside locations can help firms with staff retention and recruitment.

Its proximity to the main train station in the city and the views it provides across Leeds CBD were also highlighted as being a positive.

The subject of a multimillion pound mixed use project, the next stage for the Whitehall Riverside development is already underway; that will see a 207,000 square foot building, No.2 Whitehall, and car park constructed once the design has been signed off.

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