An "unloved" building in Leeds city centre left empty for years is set to undergo "major redevelopment" after being snapped up by new buyers.
Asset Capital and Prescient Capital have been handed the keys to Wellington Plaza after a "competitive, multi-stage" bidding war. The former HQ building, built in the 1980s, has been empty for years and, according to its new owners, is "one of the last remaining sites in the heart of Leeds' West End business district in need of redevelopment."
DLA Architecture has been tasked with drawing up plans to "transform" the building. Early designs suggest an increase in floor space from 21,000 square feet to provide around 65,000 square feet of prime, grade A office accommodation offering floorplates of around 10,000 square feet.
