Tesco Express, Chester Road, Castlefield, Manchester, Greater Manchester
£379.24 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,219 sq ft
392 sq m
- SECTOR
Commercial property for sale
Key features
- Highly prominent retail / convenience store investment in Manchester City Centre.
- Ground floor of newly developed residential building providing 166 apartments.
- Located on an exceptionally busy pitch in one of Manchester's most popular residential areas.
- Circa 2,000 dwellings in the immediate vicinity
Description
Long Income Convenience Store Investment in Manchester City Centre.
Highly prominent retail / convenience store investment on the ground
floor of a newly developed residential building providing 166 apartments.
Located on an exceptionally busy pitch in one of Manchester's most popular residential areas with approximately 2,000 dwellings in the immediate vicinity.
Approximately 4,219 sq ft (GIA) of ground floor accommodation.
Let entirely to the undoubted covenant of Tesco Stores Ltd - Net worth £4.9bn
FRI lease on a term of 15-years from 28th November 2022 with no break.
Passing rent £100,000 per annum, equating to £23.70 per sq ft based on the GIA.
5 yearly upward only open market rent reviews capped at 12.5%.
Lease subject to an 18-month rent free period.
Brochures
Tesco Express, Chester Road, Castlefield, Manchester, Greater Manchester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cornbrook Tram Stop0.3 miles
- Deansgate Station0.5 miles
- Manchester Deansgate-Castlefield Tram Stop0.7 miles
About Roger Hannah Ltd, Manchester
Century Buildings 14 St. Marys Parsonage Manchester M3 2DF
Roger Hannah is a leading North West based firm of Chartered Surveyors and Property Managers located in the heart of Manchester City Centre. We provide comprehensive property expertise from our 50 strong team providing advice on all property matters across the North West and nationwide.
With excellent Regional and National knowledge, industry contacts and a highly qualified and professional team, Roger Hannah has grown to be a successful and dynamic firm of Chartered Surveyors & Propert
Notes
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