16th November 2022

The comprehensive refurbishment of a flagship three-storey 9,740 sq ft office building at the award-winning Capitol Park Leeds has been completed.

1 Sterling Court, owned by leading Yorkshire property development and investment company Sterling Capitol, is now available for immediate occupation.

The distinctive building, which was formerly the headquarters of Real Radio, stands at the front of Capitol Park East by Junction 28 of the M62.

Paul Beckett, Head of Development at Sterling Capitol, explained: “This is a rare opportunity to lease a splendid self-contained contemporary building in such a prominent location. We are already experiencing a good deal of interest in 1 Sterling Court as the Leeds out-of-town office market remains remarkably resilient amid the current economic challenges.

“Capitol Park Leeds is one of the brightest success stories in the Yorkshire business parks sector and we are very proud of what we have achieved here. We have recently concluded a significant letting to Create Fertility and negotiated a new 10-year lease to Ideal Boilers in buildings very close to 1 Sterling Court, underlining the attraction of the park.

“1 Sterling Court has been fully refurbished to the very highest specification to provide distinctive and contemporary offices. It would make the ideal HQ building for an expanding firm.

Elizabeth Ridler, the partner with global property consultancy Knight Frank in Leeds, who is marketing 1 Sterling Court, explained: “1 Sterling Court occupies the most fabulous position at the front of Capitol Park East, with great signage opportunities, overlooking the A653 road into Leeds and next to the M62. It also boasts 48 on-site secure parking places with EV charging points.

“The high standard of the refurbishment reflects the quality of the building itself, which now features VRF air conditioning; raised access floors; new suspended ceilings with LED lighting; excellent natural lighting and new WC and shower facilities.

“Activity in the out-of-town market was a little subdued in the third quarter of this year, with the absence of any new or quality refurbished stock remaining a key issue. The arrival of 1 Sterling Court onto the market addresses this problem, as well as ticking the sustainability box.

“The sustainability agenda, and especially the need to curb carbon emissions, is increasingly important and quality office refurbishments do matter. Today’s businesses are putting their ESG requirements at the core of their real estate strategies.”

Richard Thornton, a director specialising in office agency with JLL in Leeds, who is marketing 1 Sterling Court with Knight Frank, commented: “There is a healthy appetite for well-located and attractive properties like 1 Sterling Court.”

1 Sterling Court is also being marketed by the Leeds office of property consultancy Carter Towler.

Other premium occupiers at Capitol Park include Barratt Homes (HQ), Hermes now called Evri, the 4*Village Hotel, Depuy and Ideal Boilers.

For further information, please contact Robert Beaumont of Robert Beaumont Associates on 01423 323130 or 07710 127713.
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