Boultbee Brooks Real Estate acquires 32 Sovereign Street, Leeds

November 2014 (London and Hereford) – Boultbee Brooks Real Estate (BBRE) is pleased to announce the acquisition of Prospect House, 32 Sovereign Street, Leeds, LS1 4BJ for a total consideration of £3.25M.
Prospect House is prominently located on Sovereign Street adjacent to the Malmaison Hotel. It is less than 200 metres from the railway station, Marriott and Hilton hotels and the headquarters of ASDA Walmart. Prospect House is also close to the main retailing area. It benefits from excellent access to the region’s motorway network with the M1/M621 motorway situated approximately 800 metres south of the property.
Prospect House comprises an attractive former Victorian warehouse totalling 19,000 sq ft over basement to third floors. It was the first serviced office centre in Leeds having been established in 1980.
BBRE managing director Clive Boultbee-Brooks said:
“The location is underpinned by the new build KPMG office development due for completion in Spring 2015, the new 90,000 sq ft Bruntwood scheme directly opposite comprising retail/leisure/office space and a new public realm, and the new southern station entrance within walking distance.”

For more information contact:
Christine Elsasser
Boultbee-Brooks Real Estate
+44(0) 20 73498454
Email: Christine@bbre.co.uk

Alice Mitchell
Brunswick Group
+44(0) 207 343 8119
Email: Boultbee@brunswickgroup.com

Boultbee Brooks Real Estate pre-lets Rivington House, 82 Great Eastern Street, London EC2 to L.K. Bennett

7 November 2014 London/Hereford – Boultbee Brooks Real Estate has announced its agreement to pre-let Rivington House, 82 Great Eastern Street to L.K.Bennett as its new HQ from January 2015.

Rivington House is an eight storey (Basement to 6th) office block located in a prominent location at the gateway to Shoreditch, London’s stylish fashion and TMT neighbourhood. The building, which was formally a garment factory, is an impressive commercial property refurbishment of an existing Victorian yellow brick structure which has been sympathetically extended to create two new spectacular upper levels with external terraces. The property was taken back to the bare Victorian shell prior to being redeveloped to the highest standard including exposed energy efficient services. L.K.Bennett has agreed a 15 year lease with a ten year break on the whole 17,743 sq ft building at a rent equating to £46 psf per annum overall.
Commenting on the move, Chief Executive of L.K.Bennett, Robert Bensoussan said “this is an exciting and momentous move for L.K.Bennett as we take the company to a striking and efficient new Head Quarters environment in a location which resonates with our design roots and reflects our market leading image in the retail industry”.
Roger James, Development Director of Boultbee Brooks Real Estate said “we are delighted to have a prestige tenant such as L.K.Bennett in this unique and iconic Shoreditch building”.

L.K Bennett were advised by Gryphon Property Partners

Stirling Ackroyd acted as letting agents and Aurum Real Estate advised for Boultbee Brooks Real Estate
For further information – please contact:

For more information contact:
Alice Mitchell: Brunswick Group
alicemitchell@brunswickgroup.com / Tel: +44 (0)20 7404 5959

Christine Elsasser: Boultbee Brooks Real Estate
Christine@bbre.co.uk / Tel: +44 (0)20 7349 8454

Sarah Barclay: Global Head of Press – L.K.Bennett
sarah.barclay@lkbennett.com / Tel: +44 (0)20 7637 6727

About L.K.Bennett:
L.K.Bennett is a British accessible luxury brand and shoe specialist that reflects its unmistakable heritage; a modern blend of femininity, colour and style. Its collections of shoes, ready-to-wear, handbags and accessories, appeal to women who want a wardrobe perfect for any occasion. Founded by Linda Bennett in London in 1990 and renowned for her signature kitten heel shoes favoured by celebrities and stylish women alike, L.K.Bennett rapidly became the ultimate destination for feminine footwear. Ready-to-wear collections were introduced in 1998 establishing the company as a leading fashion house.
July 2008 saw an important step in L.K.Bennett’s expansion as Robert Bensoussan, co-founder of Sirius Equity, together with Phoenix Equity Partners invested in the brand as majority shareholders.
A design-driven label with a luxury twist, the distinctive handwriting stays strong thanks to a dedicated in-house design team, creating looks that appeal to an expanding customer base. The Group has significant retail and wholesale presence in key international markets including the US, Europe and the Middle East and is now operating through 135 branded locations around the world of which 88 are in the UK.
lkbennett.com
About Boultbee Brooks Real Estate:
Boultbee Brooks Real Estate is a privately owned property investment and development company based in London and Hereford.
Boultbee Brooks undertakes active management or redevelopment of carefully soured commercial and residential properties throughout London and the UK
Smart investment, thoughtful repositioning and timely disposals lie at the heart of the Boultbee Brooks Strategy.
boultbeebrooks.co.uk