Prime Reversionary City Centre Retail Investment
Fully let to Signet Trading Limited t/a Ernest Jones on a lease until 2032.
Signet have been in the unit since 2015 and have applied for landlord’s consent to refit the store and rebrand as a Jaeger-Le Coultre and Panerai.
Low passing rent of £140,000 pa, a 52% reduction from the previous rent passing.
Planning permission has been granted for a 5-bed HMO on the upper floors providing future optionality.
Located within the heart of Leeds’ Jewellery Quarter. Nearby occupiers include Berry’s Jewelers, H Samuel, Omega, Rolex, Tag Heuer, Beaverbrooks and Goldsmiths.
In close proximity to the 785,000 sq ft Trinity Centre which has a 25m annual footfall.
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