£1,550,000 /Sale price

Commercial/Office Space for sale Manchester
Property photo number 1 of 16 Photos for Property. File  98800889_28_625a4ee4b4657d3ba2a1379ccd43b5b7.jpeg

Overview

SUMMARY: Discover an opportunity with this Manchester commercial/office space for sale and available for £1,550,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
Ground & First Floor, Quebec Building, Bury Street, Salford, M3 7DU. Strategically positioned on the periphery of Manchester city centre. Only a 10 minute walk to key amenities, Metrolink stops, Salford Central & Manchester Victoria Railway stations. 14 fully fitted & furnished suites with shared meeting room, kitchen & breakout area. Fully let investment offering secure income with reversion on the rents. Gross Income of £166,739 per annum & Net Current Income of £140,756 per annum (after net operating costs of c. £25,982 per annum). We have been instructed to seek offers in excess of £1,550,000 subject to contract and exclusive of VAT, for our clients long leasehold interest. A purchase at this level reflects a Gross Yield of 10.14%, Net Initial Yield of 8.56% and a capital value of £267 per sq ft.
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Details

  • Price: £1,550,000 /Sale price
  • Reference No.: 89607128

Amenities

  • Home
    • Kitchen / breakout area
    • shared meeting room
    • Air conditioning
    • Car parking availible
    • Freshly reconditioned reception
    • Fully Let

Location

Marketed by:

  • Obi Property Limited, Manchester
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Frequently Viewed

This Commercial/Office Space for sale is located at Manchester M3. The home has . This Commercial/Office Space in Manchester Salford is for sale for £1,550,000 /Sale price.

Disclaimer

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