Prime office investment opportunity

Grade A, BREEAM “excellent” office building within Manchester City Centre. The property is multi-let to a high quality tenant line-up . The building provides rare large floorplates around a striking atrium. Each floor provides circa 25,500 ft² of efficient open plan office space, designed with flexibility which ideally suits the local occupational market. Average unexpired Lease Term of circa 4.4 years to expiry, 3.5 years to tenant’s break options. The current passing income is £4,485,619 per annum reflects a low average rent of only £25.64 per ft². A discount of 34% compared to £38.50 per ft² achieved in nearby buildings. Excellent asset management opportunity to increase rents and put the building on a Net Zero Carbon (NZC) pathway. Low capital value of only £406 per ft² compared to over £800 per ft² evidenced in the city.