Hilco Valuation Services and YFM Equity Partners have moved into cat-A “plug and play” space at Midland House’s 2 Bond Court in Leeds.
The deals, spanning a combined 3,000 sq ft, were signed on five-year leases with a break at year three. Market sources indicate asking prices in the building are £28 per sq ft.
YFM will occupy a fully fitted and furnished fourth floor suite, while Hilco, has taken space on the first floor. Both new tenants were hunting for better quality space that was ready to occupy immediately with an all-inclusive rent.
The Bond Court boutique office space is fitted to include meeting rooms with AV facilities, pre-cabled desks, a kitchen and breakout areas, as well as a reception, changing facilities and cycle storage.
Jason Stowe, managing director at Wilton Developments, which developed and manages 2 Bond Court on behalf of landlord Midland House, said: “This is further evolution of our property on 2 Bond Court, building upon the origination of the redevelopment of the wider Bond Court public open space through our joint venture with Leeds City Council all those years ago.
“2 Bond Court itself has embraced occupiers’ requirements for fully fitted space and that has been reflected in the lettings we have achieved recently”
Clair McGowan, director at CBRE which advised the landlord alongside WSB Property, added: “Cat-A office space is becoming a key driver for businesses looking for ready-to-occupy, fully fitted accommodation.
“2 Bond Court is located in the heart of Leeds’ office district and offers excellent access to local transport links, as well as a wide range of amenities, including restaurants, cafes and delis.”
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