Leeds – Hillcrest House

Project Details:

Hillcrest House
Built 1970’s
Area 21,000 sq ft
No. floors 5 plus large adjoining car park
Tenant Drivers & Vehicle Standards Agency
Purchased October 2013
Rental income (net) £198,500 p.a.
Lease Expiry/Break Date 2023
Sold Contracts have been exchanged for completion in September 2021
Hillcrest House is the DVSA’s regional office.
It is close to the centre of Leeds. Prior to the expiry of the lease in March 2019, we have negotiated and agreed a new lease to the DVSA for a further 5 years from August 2018.
The building has good potential for alternative uses and planning consent h for conversion to residential apartments has recently been obtained.

Hillcrest House, Leeds

21,000 sq ft

No. Floors:
5 plus large adjoining car park

October 2013