Member Article

Opus North ties up double letting at The Bourse in Leeds

Ilkley-based property developer and investor Opus North has completed two new lettings at The Bourse, the prestigious office and retail complex in Leeds city centre.

Wealth management firm The Private Office (TPO) has taken 4,000 sq ft on the second floor of Sterling House, one of the three self-contained buildings which comprise the 50,000 sq ft Bourse.

Meanwhile Allport Cargo Services, which has moved from the nearby City Point office buildings, have taken 3,500 sq ft on the top floor of Sterling House. The rent is £17.50 per sq ft.

The Bourse, which was bought out of receivership by Opus North, in conjunction with Palmer Capital, for £7.4m in 2011, has undergone a comprehensive refurbishment, including a complete mechanical and electrical overhaul.

It is a landmark building in Boar Lane less than 100 yards from Leeds Station and comprises 50,000 sq ft of high quality space over three buildings, overlooking a central courtyard.

Its 20 tenants include multi-national office occupiers and retailers including William Hill, Evans Cycles and two convenience food operators.

Each of the buildings, Equity House, Sterling House and Bond House, has its own designated entrance with an NCP multi-storey car park to the rear.

Andrew Duncan, managing director of Opus North, has commented that: “These two deals are another chapter in the success story of The Bourse. The Private Office, who are already tenants, have doubled the size of their offices, which is a resounding endorsement of the development.

“We are also delighted that a company of the calibre of Allport Cargo Services has taken space at the Bourse. This letting, together with the strong interest shown in the remaining space in Equity House, vindicates our decision to buy this very special office complex.”

This was posted in Bdaily's Members' News section by Mark Lane .