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Mixed use property for sale

Progress Centre, Charlton Place, Ardwick, Manchester, M12 6HS

Offers in Region of
£2,500,000

£122.76 per sq ft

Business rates & charges may apply

W T Gunson, Manchester - BPG
SIZE AVAILABLE

20,365 sq ft

1,892 sq m

SECTOR

Mixed use property for sale

Key features

  • Investment opportunity on the periphery of Manchester City Centre Converted former mill premises providing characterful studio/office accommodation
  • Current gross income £209,580 per annum and ERV of £228,780pa on letting of vacant suite
  • Future redevelopment potential subject to any necessary consents

Description

The property is located on the south side of Charlton Place at its junction with Cakebread Street in Ardwick on the periphery of Manchester City Centre. The attractive Ardwick Green Park is within close proximity. Manchester's inner ring road A57 (M) Mancunian Way is within close proximity and provides easy access to all major arterial routes. Manchester City Centre including all retail, bars, restaurants, hotels etc are less than 0.5 miles away. Transport links are excellent with Piccadilly Train and Metrolink stations being within close proximity (0.5 miles, 10 minutes walk).

The property comprises four storey former mill premises which in recent years has been converted to provide characterful studio/work space and office space. There is also additional
storage space at basement level. The property is of traditional brick construction beneath a double pitched slate covered roof. Internally the property is split on each floor into a number of separate self contained suites. The property is currently occupied by c 17 tenants. There is an excellent mix of occupiers mainly within the creative industry including online retailers, social media content creators, rehearsal/recording studios etc. To the front of the property there are a few parking spaces.

The property is held freehold under title no.s GM444187, GM348490.

Brochures

Progress Centre, Charlton Place, Ardwick, Manchester, M12 6HS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Manchester Piccadilly Station0.3 miles
  • Ardwick Station0.6 miles
  • Manchester Oxford Road Station0.6 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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