82-84 Silk Street, Ancoats, Manchester, M4 6BJ
£262.47 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,572 sq ft
425 sq m
- SECTOR
Commercial property for sale
Key features
- Fully let character office investment
- Currently producing an income of £95,000pa with an ERV of £102,000pa
- Net initial yield of 7.5% and reversionary yield of circa 8%
- Highly popular Ancoats location
Description
The property is located on the south side of Silk Street between Radium Street and Poland Street in Ancoats, Manchester. Ancoats is a rapidly improving area of redevelopment within close proximity to Manchester city Centre. A large number of apartment schemes have already been completed and there are several currently underway in the immediate location. Cutting Room Square is within easy walking distance being home to various popular bars and restaurants including Rudy's, Seven Bro7hers Beerhouse, Rigatoni's and Canto. All City Centre shops, bars, restaurants and transport links are within easy walking distance.
The property comprises two terraced high quality character office buildings which have been split into 3 suites each providing a total of 6 self contained office suites.
The suites have character features such as exposed brickwork and original wood flooring, all fitted out to a high standard with their own WC's and kitchen facilities.
A dataroom is available which includes the leases, photos, title documents and EPCs.
Brochures
82-84 Silk Street, Ancoats, Manchester, M4 6BJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- New Islington Tram Stop0.5 miles
- Holt Town0.6 miles
- Piccadilly Gardens Tram Stop0.6 miles
Notes
Disclaimer - Property reference 1469FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by W T Gunson, Manchester - BPG. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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