BT, Leeds, UK

Gatehouse Bank, represented by Savills, is pleased to announce that it has successfully concluded on behalf of investors the sale of One Sovereign Street in Leeds to Artmax.

The 139,079 sq ft (12,920 sq m) Grade A office is fully let to BT on a lease with 17.25 years unexpired, incorporating RPI linked rent reviews. The property was built in 2002 and is arranged over ground and six upper floors, with an open plan office design around a feature atrium. Located a short walk from Leeds station, nearby occupiers include KPMG, Direct Line Group, Addleshaw Goddard, Eversheds and Asda.