Area of Leeds re-establishing itself as an office hotspot

South Parade in Leeds is now re-establishing itself as one of the hotspots in the city’s flourishing office market, according to property consultancy Knight Frank.

Valiant House at 14 South Parade is now fully let, following the expansion of the Central College of Health & Beauty Leeds, who have taken 1,681 sq ft more space.

Meanwhile Fountain House, directly opposite Valiant House, is home to a number of occupiers.

Sam Jamieson of Knight Frank’s Leeds office, said: “Both buildings are excellent examples of the success and popularity of South Parade. Whilst the brand-new office buildings in the city get most of the headlines, no-one should underestimate the pulling power of more traditional accommodation which has been significantly upgraded.

“Fountain House at 4 South Parade is a very impressive building, not only because of its imposing art deco façade and location at the heart of the city centre business district, but also because of its proximity to the train station and commuter routes as well as shops, restaurants and bars.”

Tenants include Pulse Community Health Care and recruitment specialists The Venn Group.”

Elizabeth Ridler, partner with Knight Frank in Leeds, added: “We are quoting a rent of £19.75 per sq ft, which coupled with a manageable service charge figure, represents excellent value. The remaining ava2ilability comprises 1,750 sq ft on the lower ground floor, 1,585 sq ft on the ground floor and 1,773 on the first floor.

John Raven, of Asset Managers Edwin Thompson, acting for the owner of both Fountain House and Valiant Building said: “We are delighted with the success of both buildings. They have been upgraded to a very high standard, leading to Valiant House now being full and Fountain House establishing a reputation for quality office space in a magnificent location.”

Carter Towler is acting as joint letting agent for Fountain House with the Leeds office of Knight Frank.