Revamp completed at out-of-town office block

An extensive refurbishment of a flagship three storey 9,740 sq ft office building at Capitol Park Leeds has been completed.

1 Sterling Court is owned by Yorkshire property development and investment company, Sterling Capitol.

The building, which was formerly the headquarters of Real Radio, is at the front of Capitol Park East by Junction 28 of the M62.

Paul Beckett, head of development at Sterling Capitol, said: “We are already experiencing a good deal of interest in 1 Sterling Court as the Leeds out-of-town office market remains remarkably resilient amid the current economic challenges.

“Capitol Park Leeds is one of the brightest success stories in the Yorkshire business parks sector and we are very proud of what we have achieved here.

“We have recently concluded a significant letting to Create Fertility and negotiated a new 10-year lease to Ideal Boilers in buildings very close to 1 Sterling Court, underlining the attraction of the park.”

Elizabeth Ridler, partner with global property consultancy Knight Frank in Leeds, who is marketing 1 Sterling Court, said: “The high standard of the refurbishment reflects the quality of the building itself, which now features VRF air conditioning; raised access floors; new suspended ceilings with LED lighting; excellent natural lighting and new WC and shower facilities.

“Activity in the out-of-town market was a little subdued in the third quarter of this year, with the absence of any new or quality refurbished stock remaining a key issue.

“The arrival of 1 Sterling Court on to the market addresses this problem, as well as ticking the sustainability box.”

Richard Thornton, director specialising in office agency with JLL in Leeds, who are marketing 1 Sterling Court with Knight Frank, added: “There is a healthy appetite for well-located and attractive properties like 1 Sterling Court.”

The building is also being marketed by the Leeds office of property consultancy Carter Towler.