Albion Court, Leeds, LS1 6JL
Make an enquiry£6,700,000
Sep 2021
NorthCap have successfully acquired this core plus mixed-use building on behalf of Glenbrook Investments.
Albion Court, which is part-Grade II Listed and extends to 31,400 sq ft, provides a mix of leisure, retail and office accommodation over five storeys.
Tenants included Pizza Express, Byron and The Card Factory at Ground and First floors with the uppers being occupied by a serviced office operator.
The purchase price was £6,700,000 reflecting a net initial yield of 8.10%.
The vendor Cordea Savills was represented by Savills.