Retail and leisure investment opportunity

The property comprises a Victorian building of masonry construction arranged over six floors offering retail/office accommodation within. The property is located close to Manchester University and a short distance from Piccadilly Railway Station. Two adjoining attractive Grade II listed period buildings which have been extensively refurbished as 5 ground floor/lower ground retail/leisure units and 47 apartments above. In addition, there is car parking at mezzanine and 1st floor level. The ground floor/lower ground commercial occupiers include a national gym operator, a well established restaurant, Tea Rooms and nightclub. The individual apartments above have been sold on long leases and the sale includes the income from the commercial units and ground rents from 47 apartments together with several car parking spaces (TBC).