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Prime Revisionary Multi-let Grade A Office

Manchester, United KingdomUnlock address

90%

£80.000.000

Office

#34443

Core+

6 Sep 2024

Property Details

Broker

For sale

179,502 sq.ft.

16,676 m²

Leasable area

445 £/sq.ft.

4,797 £/m²

8.45 %

4

Leasehold

250

X

Fees

0.00 %

0.30 %

0.00 %

0.30 %

Investment Overview

Constructed in 2017 and comprising a striking Grade A office, benefitting from a superb double height reception, with offices arranged over ground, mezzanine and 9 upper floors, and a 442 space multi storey car park in the basement. Two vacant floors, totalling 35,625 sq ft, which have recently been refurbished. 442 space multi storey car park let to Q Park Ltd with 28 years unexpired and subject to annual RPI linked rent reviews (collar 2.5% pa & cap 4% pa) – 18% of the total income. Future-proofed building with exceptional ESG credentials. The current energy performance ratings range from A24 – B40. BREEAM Excellent.