Bridges Sustainable Property Fund has secured Sally Salon Services as the latest tenant at Airedale House, Leeds, following the announcement of a comprehensive refurbishment of the building.
Sally Salon Services, one of the UK’s leading hair and beauty suppliers, will take a 6,196 sq ft retail unit at Airedale House which comprises of 26,337 sq ft of retail space and 15,056 sq ft of office accommodation with tenants including Slater Menswear and Co-op Travel. CBRE acted for Bridges Ventures and Marchmont Chartered Surveyors represented Sally Salon Services.
Airedale House, which was acquired for £4M in January this year by Bridges Sustainable Property Fund, managed by fund manager Bridges Ventures, will undergo a comprehensive refurbishment to upgrade the quality of the office stock and accommodation as well as focusing on environmentally friendly features. These will include intelligent lighting, the most efficient air conditioning system currently available, and the use of energy harvesting technology through photovoltaic panels, all of which substantially reduce operational costs for tenants.
CBRE continues to be involved at Airedale House as the firm’s Capital Markets team acquired the building, its Building Consultancy division is managing the sustainable refurbishment works and its Property Management team has also been instructed as managing agent.
Alex Whiting, Senior Director of Capital Markets at CBRE Leeds, said; “This recent deal demonstrates the continued appeal of the retail locations surrounding Trinity. The area around Albion Street is witnessing a revival with footfall dramatically increased since the opening of Trinity and the continued popularity of Trinity Kitchen. Bridges Ventures has identified the potential in Airedale House and the work being undertaken will transform the building into a flagship, sustainable scheme within the city’s core retail district. This is a superb location for Sally Salon Services for their new store in Leeds.”
Guy Bowden, Acquisitions Director at Bridges Ventures, said: “The work being undertaken at Airedale House will take the property to a higher level of environmental excellence and this is something that today’s occupiers recognise the benefit of. We are delighted to be welcoming Sally Salon Services to our tenant mix.”
