£13.500.000
Confirmation
Refurbishment/Remodelling or Redevelopment Opportunity
Manchester, United Kingdom
Office
#13844
Value-Add
28 Oct 2024
Property Details
Broker
Sold
55,739 sq.ft.
5,178 m²Leasable area
242 £/sq.ft.
2,607 £/m²Freehold
Fees
Investment Overview
One of the most exciting development/ refurbishment opportunities to come to the market in recent years with extensive frontage to the River Irwell and Parsonage Gardens. 1960’s office building set on basement, ground and eight upper floors 55,739 sq. ft. NIA with flexible floor plates of approximately 6,300 sq. ft. 17 basement and nine deck level car parking spaces. Currently producing short term income with agreements in place with tenants to obtain vacant possession by October 2022. Site of 0.45 acres with a 54m frontage to the River Irwell. Currently producing short term income with agreements in place with tenants to obtain vacant possession by October 2022.
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