MIOC, Styal Road, M22
Business rates & charges may apply
- SIZE
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- SECTOR
Office for sale
- USE CLASSUse class orders: B1 Business
B1
Key features
- MIOC provides an outstanding opportunity to acquire a multi-let office building with excellent growth potential
- 95% let
- Current vacancy of 5,503 sq ft (across seven suites, with no rental guarantee), providing immediate opportunity to drive rental performance
- One-acre development site at the front of the site, suitable for drive-thru, roadside, hotel or office uses (subject to planning)
Description
* The asset occupies a commanding position close to Manchester Airport
* The asset comprises 90,154 sq ft arranged over ground and two upper floors
- 95% let
- Multi-let to various tenants including SEKO Logistics, Franke, TGE Gas Engineering, Simon Carves Engineering Limited and World Cargo Logistics Ltd
- Unparalleled car parking ratio of 1:168 sq ft (534 car parking spaces)
- Large 6.6-acre site
* Current office rent passing of £1,817,678 per annum
* Current car parking rent passing of £75,650 per annum
* Total passing rent of £1,893,328 per annum
* Long leasehold interest from Manchester City Council on a 169-year lease from 1982 at a peppercorn
* Current vacancy of 5,503 sq ft (across seven suites, with no rental guarantee), providing
immediate opportunity to drive rental performance
* One-acre development site at the front of the site, suitable for drive-thru, roadside, hotel or office uses (subject to planning)
Brochures
MIOC, Styal Road, M22
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Heald Green Station0.4 miles
- Styal Station1.1 miles
- Manchester Airport Station1.4 miles
Notes
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