A significant deal has been completed at The Bourse, an office and retail complex in Leeds city centre.
Award-winning recruitment consultancy The Prospero Group has taken 2,701 sq ft of newly refurbished office space on the ground floor of Sterling House, one of the three self-contained buildings which comprise the Bourse. The rent is £21.50 per sq ft on a five-year lease.
The Bourse is a building on Boar Lane less than 100 yards from Leeds Station and features 50,000 sq ft of space over three buildings, overlooking a central courtyard.
Each of the buildings, Equity House, Sterling House and Bond House, has its own designated entrance with an NCP multi-storey car park to the rear. The Bourse has undergone a comprehensive multi-million pound refurbishment.
The Prospero Group, which was founded in 2000, specialises in the teaching and health and social care sectors with offices throughout the UK and abroad. The group has doubled in size every year for the last three years.
Associate director Ed Brewer said: “Our Leeds office opened in September 2015 and has contributed significantly to the overall success that the company has had, helping to build our presence in the city and surrounding areas.
“With Prospero’s Leeds division continuing to go from strength to strength, there is now a need to have premises that can cater for our growing team, allowing us the ability to scale at pace.
“The Bourse very much aligns with our vision, providing an office space that is clean, spacious, well-designed and maintained and a working environment our staff can be truly proud to work in.
“Its close proximity to Leeds’ mainline station provides easy access to staff, particularly employees who will be travelling from our many different office locations across the UK.
“With new offices opening up across the UK and further expansion plans in place, there is a focus to increase headcount across our core divisions.”
Victoria Harris, senior surveyor with global property consultancy Knight Frank in Leeds, who advised landlords Paloma Capital on the deal, said: “We are delighted a company of the calibre and reputation of Prospero has taken quality space at the Bourse. This deal underlines the Bourse’s reputation as one of the finest office buildings in central Leeds.
“It is worth noting that we had plenty of interest in this Sterling House suite because of its large windows, high ceiling and period feel, coupled with the fact that it is self-contained with a dual aspect on to the Bourse Courtyard and Trevelyan Square.
“Space is now at a premium at the Bourse, with Bond House now full. There are now just suites on the third floor of Sterling House left, which are available either individually or as a whole (617-1,875 sq ft). Given the high-quality of the space in this special building, together with its magnificent location, these offices should prove very popular, especially to up-and-coming creative firms which are starting to thrive in Leeds.
“The extensive renovation works have transformed The Bourse into a welcoming and attractive environment. Meanwhile the vibrancy of the immediate area, with the new bars and restaurants, as well as the brilliant Trinity Leeds shopping centre, gives occupiers exactly what they want. The Bourse is a hidden gem in the centre of the city.”
