A prime Leeds city centre office space has been acquired by Akbar Property Investments in a six figure deal.
One Park Court was owned by Countrylarge, which disposed of the 3,805 sqft property in what was described as a "swift" sale, conducted by property and construction advisors Fox Lloyd Jones. Countrylarge had owned and managed the property at 42 Park Cross Street since 2019 and had overseen recent refurbishment.
The former owners secured a 10-year lease with flexible workspace operator Wizu, which will guarantee Akbar Property Investment an initial 7% net rental yield. Wizu boasts of a "stylish office space in the heart of Leeds financial district".