The Leeds office of global property consultancy Knight Frank has played a pivotal role in the sale of Shepherd House in Elland Road, Leeds, to Priestley Homes.
Shepherd House, a modern self-contained office building, was sold for an undisclosed sum by the Shepherd Building Group.
The three-storey building had recently been refurbished and has 45 on-site car parking spaces.
Sam Jamieson of Knight Frank in Leeds, who advised the Shepherd Group, said: “This sale demonstrates that the freehold commercial property market in Leeds is thriving and is also an endorsement of the investment that the landlords made in refurbishing the property.
“Shepherd House is a classic example of well-located and well-appointed offices proving popular in the market place. We were delighted with the price we achieved.”
The property is situated fronting Elland Road, within two miles of Leeds City Centre and can easily be accessed from J2 of the M621, connecting to both M62 and M1 motorways.
Priestley Homes, who are based in Leeds, are a developer who specialise in the conversion of historic buildings, with an excellent track record of delivering projects on time and to a high quality.