£14.500.000
Confirmation
Grade A office investment in the affluent south Manchester suburb
Manchester, United Kingdom
Office
#36143
Core+
6 Apr 2025
Property Details
Broker
For sale
125,521 sq.ft.
11,661 m²Leasable area
115 £/sq.ft.
1,243 £/m²12.36 %
Freehold
Fees
Investment Overview
A rare opportunity to acquire an EPC B, MEES compliant Grade A office building in the affluent South Manchester suburb of Sale. 125,521 sq ft office building with with large flexible floor plates and full amenities, offering one of the largest floor plates in South Manchester. Property has undergone a comprehensive multi million pound refurbishment project including all new windows, all electric office M&E and best-in-class reception, gym and cafe. Flexibility to offer suites from 500 sq ft to whole single floors of 29,134 sq ft, on either an all inclusive fully fitted studios or a more conventional CAT A basis. 60% let to a strong tenant line up, including Sesame Bankhall Group, Close Brothers, Design Projects, IBM and Moffats Partnership. 9 fully fitted studios ranging from 500 sq ft to 1,750 sq ft providing a platform for businesses to thrive and grow within the building. Excellent transport links, fronting the main arterial route in and out of Manchester City Centre and a 5 minute walk from Sale Metrolink Station. Opportunity to build on proven business model and recent letting success (40,000 sq ft in last 12 months), to let remaining vacant space, increase headline rental tone and drive rental performance. Strong underlying residential development potential, with opportunity to take advantage of permitted development rights in the longer term.
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