Leeds Dock Estate on Sale for £10.75m During UKREiiF Week

£10.75M Leeds Dock opportunity after leaseholder administration, with the waterfront site sitting inside the newly announced Mayoral Development Zone as UKREiiF takes place on site this week

The Leeds Dock Estate, the waterfront mixed-use site currently hosting thousands of property investors at UKREiiF, has been brought to market for £10.75 million. Cushman and Wakefield has been appointed to sell the estate on behalf of Leaseco 23 Limited, which went into administration in December 2025. The sale covers approximately 137,700 sq ft of ground floor commercial accommodation alongside two office buildings, Livingstone House and Stanley House, which produce ground rent income. Tenants include Tesco, Pizza Express, Journey Further, Mumtaz, P+HS Architects, Luminate Education Group, and Places for People. No residential units at the Dock are affected.

Why This Matters For Leeds

£10.75M Leeds Dock opportunity during the very week that thousands of property professionals are gathered on site at UKREiiF, and that the Great North prospectus has positioned Leeds South Bank as a £14 billion regeneration opportunity. A waterfront estate with an established tenant base, national profile, and a location inside one of the UK’s most significant regeneration zones should attract serious attention.

What the Leeds Dock Estate Sale Includes

Leaseco 23 Limited sits within the wider Allied London property group and was set up to manage the Leeds Dock commercial assets. Administrators Richard Harrison and Stephen Absolom of Interpath were appointed in December 2025, and Cushman and Wakefield’s James Yates and Alice Gilman are handling the sale. The estate comprises the ground floor commercial units across the Dock including retail, leisure, and food and drink, plus the two office buildings. The freehold for Zones 2 and 3 at the Leeds Dock site is also being marketed for sale separately, meaning a buyer could potentially acquire both the leasehold and freehold interests. Yates described the estate as offering investors a highly prominent mixed-use opportunity in a key regeneration and growth area, with opportunities to immediately add value and potentially access a wider land holding.

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“Leeds Dock has gained a strong national profile through UKREiiF and has a stunning location on Leeds’ South Bank. The estate offers investors a highly prominent and substantial mixed-use opportunity in a key regeneration and growth area for the city. There are opportunities to immediately add value and potentially access a wider land holding in the area.”

— James Yates, Partner, Capital Markets, Cushman and Wakefield

South Bank In Context

Leeds Dock sits within the area covered by the Mayoral Development Zone announced by Tracy Brabin at UKREiiF just yesterday. The South Bank has been identified as a potential area in the government’s New Towns programme, with 20,000 homes, three million square feet of commercial space, a mass transit system, and a £500 million station campus planned. The Great North investment prospectus, backed by the Chancellor and launched at a summit in Leeds on Monday, features Leeds South Bank as one of nine nationally significant projects in a £14 billion pipeline. A buyer of the Leeds Dock Estate would be acquiring a waterfront asset at the heart of that programme. Leeds Dock has established itself as one of the city’s most recognisable destinations, hosting UKREiiF for a fifth consecutive year and attracting tenants across creative, professional services, and hospitality sectors.