Landmark Leeds building snapped up at auction
The former Jubilee Hotel in Leeds is to begin a new chapter in its 113-year history after being snapped up at auction for £1.9m.
The property, which sold £400,000 above its asking price at Allsop’s October commercial auction occupies a prominent position on The Headrow and directly opposite Leeds Town Hall.
Built in 1904 by Thomas Winn & Sons, Jubilee Hotel’s red brick and Burmantofts terracotta building, with a copper-domed corner tower, is a landmark in the city centre.
It was once described as Leeds’ only remaining ‘gin palace’.
The former hotel currently comprises Grade II listed building and adjoining office and retail space, including four shops and self-contained offices totalling around 18,000sqft.
Anthony Hart from Allsop’s Leeds office, said: “As you might expect for an opportunity carrying such a heavy weight of history and potential, our private treaty and auction teams experienced high volumes of interest, receiving over 200 enquiries in total.
“Subject to gaining necessary consents, redevelopment of this site is an exciting prospect, particularly when you consider its prime location and the inclusion of such a striking architectural building.”
