The Leeds office of Knight Frank has completed two deals in Yorkshire to high net-worth investors, underlining the strength of private capital in the region.
Acting on behalf of Swiss Life and in conjunction with Knight Frank’s sector specialist Ed Price in Birmingham, the Leeds office has completed the sale of an ASDA petrol station and convenience store in Boroughbridge Road, Knaresborough for just under £3m.
Graham Foxton, partner Knight Frank, said: “The sale resulted in a competitive scenario with a number of local investors seeing the attraction of the opportunity.”
The Leeds office has also completed the acquisition of a single let industrial unit in Normanton on behalf of a local investor for a similar price. The seller, a Yorkshire-based property company, was advised by Ben Hall at NorthCap. The buyer was a long-standing client of Knight Frank.
Knight Frank have also been instructed to sell 2 Brewery Wharf for Swiss Life, an office building in Leeds city centre.
