Leeds City Council acquires 10,600 sq ft office building on Rawdon Business Park

Eddisons has sold a 10,600 sq ft office building near Leeds Bradford Airport to Leeds City Council.

Located on Rawdon Business Park, the two‐storey office space has been acquired by the council to accommodate its estates team and will function as a north west Leeds hub.

Eddisons acted on behalf of estate management company Adam Management to market and sell the property, jointly with GVA.

Steven Jones, Eddisons agency director, said: “The central Leeds office market is becoming increasingly heated, with occupier take up surpassing 1m sq ft for the first time last year.

“We are also seeing a shift in the dynamics of the city centre property market as the council continues to sells off some of its large, long established properties and looks beyond the city centre for value for money long‐term investments.”

He added: “There is a real lack of quality accommodation at present, particularly for owner occupiers, with a severe and worsening shortage of grade A office space.

“This property, on Rawdon Business Park, very close to the airport and with good links to bus and rail routes, is an excellent, accessible location and a really sound purchase for the city council for their north west Leeds team.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →