Westcourt Group Ltd completes purchase of two central Leeds office blocks

Westcourt Group Ltd. has completed the purchase of two Grade II listed commercial office  blocks in Leeds City Centre from an UK Institutional vendor. Westcourt Group Ltd were aided in its acquisition of 56 and 58 Wellington Street (Waterloo House) by agents Lyndsay Burns of Harvey Burns, with support from Andy Banks of Handlesbanken Harrogate. Steve Stanier of Keeble Hawson acted as Westcourt’s solicitor on this purchase. 

The two office blocks front the northern side of Wellington Street between Britannia Street and King Street, in the heart of the established professional and financial core of the City and have some 25,000ft of office space between them. Both properties are currently tenanted. Waterloo House, 58 Wellington Place to the Secretary of State for Communities & Local Government and Waterloo House, 56 Wellington Place to Law Firm, Ison Harrington and Blue Apple Training.  

Tim Hodgson, Director of Westcourt Group Ltd. commented, “Wellington Street has seen significant development over recent years, and the location of both 56 and 58 Wellington Street - just two minutes walk from the train station and close to both Wellington Place and the magnificent Central Square - makes them excellent locations to do business. There was a great deal of interest from the market in these wonderfully imposing properties, so we are delighted to announce the completion and look forward to working alongside our new tenants. The deal also marks Westcourt’s strong belief in the Leeds office market and our continued passion for acquiring beautiful properties in the city.” 

Lyndsay Burns, MD of chartered surveyors and property consultants Harvey Burns & Co, commented “It’s always a pleasure to work with the team at Westcourt, and the completion on 56 and 58 will likely prove another strategically sound long-term investment for the Group.” 

Garry Howes, Investment Director at Gent Visick, who acted on behalf of the vendor added, “We are delighted to confirm the completion of  this sale on behalf of our client. Westcourt’s experienced team were a pleasure to deal with and performed in a timely and professional manner”   

Westcourt Group Ltd has become an established name in the Leeds commercial property market, not least for the purchase and restoration of Grade II listed Kenneth Hodgson House (18 Park Row) a number of years ago.