Potential new ownership for listed city landmark

A grade II listed building in central Leeds is to be offered for sale at auction.

The Old School, on Calverley Street, is to be offered at the upcoming Acuitus commercial property auction with a guide price of £3.5m.

The 20,812 sq ft building which originally opened in 1881 as the Leeds School Board has recently undergone a major refurbishment over across its four floors.

The property primarily provides office accommodation, but it also features a bar operating from the basement which has agreed a new 10-year lease.

Charlie Powter, of Acuitus, said: “The property sits in a prime city centre location in central Leeds, adjacent to the Town Hall, Central Library, and Art Gallery.

“It offers the ability to enhance rental income through active asset management we expect strong investor interest for such a one-off location. The property also includes eight car parking spaces which are held on a separate leasehold title.”

The Acuitus auction will take place on 21 September at 1pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy.

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