Q-Park signs Leeds lease

Revamp planned for 282-space car park at St John’s shopping centre

Q-Park, the leading European parking operator, has signed a 40-year lease with Cromwell Property Group on a 282-space multi-storey car park at St John’s shopping centre in Leeds.

The new long-term lease replaces a short-term lease and enables Q-Park to progress with an eight-month refurbishment that will bring the car park into line with the operator’s house style, including fully coated deck finish and additional decoration. Q-Park already operates five parking facilities in Leeds city centre, which has undergone a significant transformation in recent years.

Cromwell acquired the 162,000-sq ft shopping centre on behalf of a client in June 2015. It comprises 34 retail units occupied by several well-known brands including McDonalds, Post Office, Poundland, Phones 4U and Virgin Media.

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