Land for sale in Kirkstall Brewery Halls Of Residence, Broad Lane, Leeds LS5

Property Description

Kirkstall Brewery is an attractive student halls of residence complex occupying a canalside location. It presents a substantial investment/value-add opportunity for continued existing use or potential for a variety of alternative uses (subject to planning).

Location

Kirkstall Brewery currently offers 828 student beds across a series of modern and historic buildings, occupying a secure site of 8.7 acres in an attractive canalside setting.

Occupancy is currently limited to 60% of the 828 beds available. Leeds Beckett University students will occupy approximately 95% of the available accommodation for the 2021/22 academic year. Potential gross income assuming full occupancy of approximately £3.9m.

The property presents an excellent investment/value-add opportunity for continued use as student accommodation, offering a range of asset management options. It also lends itself to a range of alternative uses, subject to consent.

Terms

Expressions of interest are invited for the freehold.