Yorkshire House and Hub is one of the most exciting office refurbishments in Leeds. A partial refurbishment had been carried out in 2013, but it was ripe for a more comprehensive, low-carbon, and design-led approach reflecting the “future of work”.
With 38% vacancy at purchase, we negotiated surrenders from a further two tenants so we could fully reposition the space. Offices were split into the larger floor plate “House” and slightly edgier “Hub” with 2,500 sq ft floors. Post refurbishment, per square foot rents increased 70%.
On the ground floor leisure, we re-let three of the four units to new, hip operators including Alchemist and The Neighbourhood. Our efforts helped lift the calibre of the micro location, further brought to life as Greek Street was pedestrianised after a campaign we led with other local landlords.
Sustainability-wise, we installed the largest solar PV system in central Leeds, over 100 kW in size and using highly innovative bi-facial panels. An array of building-wide sensors and meters measured key consumption data, displayed in the reception to help inform tenants and influence behaviours. We brough in cycling and shower facilities to help encourage low-carbon commuting.
The building was sold in early 2020 at the onset of the Covid-19 pandemic, with a modest amount of letting work left to be completed.