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YPP advised in latest property acquisition

We are delighted to have acted for Yorkshire-based property company YPP in their latest purchase.

YPP has acquired 23 Butts Court, an office building in the centre of Leeds, on behalf of its clients for an undisclosed sum.

Represented by Cushman & Wakefield, they acquired the building from David Samuel Properties, represented by Buchanan Bond and S.C. Associates. We acted for YPP on the purchase part of the deal.

The building is made up of two adjoining period buildings with separate ground floor retail accommodation and open plan office accommodation set over three floors. It is located in the prime commercial area of the city.

The entire building, which has recently been refurbished to a high standard, is currently let to Leeds Building Society.

Farooq Zar, Partner, said: “On behalf of Schofield Sweeney, I am delighted to have acted for YPP in the purchase of 23 Butts Court. YPP are a growing firm, now with over 40 properties in the north of England. In particular, this building is in an ideal location and offers fantastic opportunities in the future, with potential for re-letting and conversion for hotel or residential use.”

If we can help your business with any commercial property matters, please do not hesitate to contact us on 01274 350 800.

About the Author

Farooq Zar

Partner

Farooq is a Partner in the Commercial Property team and specialises in all aspects of commercial…

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