A FORMER lord mayors’ residence which is now part of an office park has leased its entire space in just six months.
The Grade II listed Morwick Hall on the Mortec Office Park was converted into 23 executive serviced office suites by owners Prospect Estates Limited after the building was vacated by Crosby Lend Lease in October 2010. The final suite was let last month.
Peter Shackleton of Prospect Estates said: “We knew that leasing the property as a single company headquarters would be a competitive task in today’s market. With this in mind, we took the decision to split the property up into executive serviced office suites - a strategy that has been more successful than any of us could’ve anticipated.”
Comprising 7,000ft sq of office space, the property is set in landscaped gardens on greenbelt land just off the A64 between Seacroft and Thorner. A former residence with a rich history, Morwick Hall was purchased by the Gray Family in the mid to late 18th century. Edward Gray became Lord Mayor of Leeds in 1749 and 1768 and his family was also the driving force behind the building of the Methodist Chapel in Scholes.
Glenn Levison from chartered surveyors and property consultants Sanderson Weatherall, who helped to market the site, said: “The speed with which Morwick Hall has been let is testament to the management’s approach. With limited tenant demand, landlords have to be open-minded and flexible as well as offering competitive terms.”
Diana Mendonca, centre manager at Morwick Hall, added: “One of our strengths is that we manage the site directly, which allows us to build a good rapport with our tenants while providing an efficient, professional level of service.”
Tenants include a number of SMEs, as well as satellite offices of international firms.