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82-84 Silk Street, Ancoats, Manchester, M4 6BJ

Offers in Region of
£1,200,000

£262.47 per sq ft

Business rates & charges may apply

W T Gunson, Manchester - BPG
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

*INVESTMENT OPPORTUNITY*

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

About W T Gunson, Manchester - BPG

Suite 2, Third Floor 1 King Street Manchester M2 6AW

W T Gunson is Manchester’s leading independent Chartered Surveyors and Property Consultants, covering Manchester and the North West since 1873, and offering expert advice on a full range of commercial and residential property.

Our expertise covers retail, office, industrial and development land, whether owner-occupied or investment property.

Notes

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