Ailsa House, Wakefield Road, Leeds
Published 1st December 2011
Property - Modern AC offices
Floor area - 27,000 sq ft
Purchase price - c. £1.6mm
Claymore Role - Acquisition, co-investment & asset management
Claymore acquired a 27,000 sq ft modern office building in Leeds in late 2011 let to the Secretary of State and Compass Group. The property is fully air-conditioned and is in an excellent location approx 1/2 mile from M62. The property was acquired for around £1.6m.
Claymore has implemented an active management plan designed to let vacant space and enhance the capital value of the property.
Since acquisition, the vacant accommodation has been furbished and a letting campaign commenced. In 2014, 10,000 sq ft has been let to Lovell Parterships and VP plc.