40 King Street, Manchester, Greater Manchester, M2

£1,810,000

Sold STC

Size

5,871

Tenure

Leasehold

EPC

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Parking

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Primary use
Traditional office
Capacity
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Desks
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No floor / site plan

Key features

  • Boutique small suite office investment opportunity, located in Manchester's best office address.
  • Potential owner occupation opportunity with benefit of existing income.
  • Attractive office building arranged over 1st, 2nd and 3rd floors with self contained entrance.
  • Split into 6 fully refurbished office suites.
  • The property has a Gross Internal Area of 5,871 sq ft and a potential Net Lettable Area of 4,667 sq ft.
  • Attractive communal / breakout areas for tenants and opportunity to add roof terrace in the future.
  • All suites are under 2,000 sq ft which is the most active sector of Manchester's office market.
  • Currently producing an annual rent of £153,694 per annum.
  • Opportunity to enhance income through the rentalisation of communal areas.
  • Income includes two suites occupied by current owners which could be offered with VP, subject to purchasers' business plan.

Description

The property comprises a period property arranged over 1st, 2nd and 3rd floors with self-contained access at ground floor level on King Street.

The building is split to provide 6 high quality office suites spread across three levels, with a large central atrium which provides the 'Secret Garden' communal lounge / meeting spaces and private work / meeting area. The atrium has a new natural ventilation system which brings fresh air into the building.

Each office includes a large open plan workspace, built in storage and kitchen facilities and exceptional natural light.

40 King Street occupies a prominent position on the fashionable retail and leisure street of King Street where occupiers including Belstaff, Boodles, Patek Phillipe, Jo Malone, Rapha, Tast, El Gato Negro, Franco Manca and GAIL's Bakery which complement the other surrounding offices, hotel, leisure, retail and civic occupiers providing a host of amenities for the tenants.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
3
Leasehold: 989 years left
Tenure
Leasehold
Length of lease
989 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

40 King Street, Manchester, Greater Manchester, M2

NEAREST STATIONS

London Tram

St Peters Square Tram Stop

0.25 miles

London Tram

Mosley Street Tram Stop

0.28 miles

London Tram

Manchester Deansgate-Castlefield Tram Stop

0.29 miles

About Edwards Property Consultants, Manchester

Edwards Property Consultants, Manchester

Edwards have been advising clients since 1992. From agency to investment, asset management to valuation, we provide straightforward advice.

We act for start-up enterprises and global organisations, SME's and private investors. We also act for pension funds and leading banks.

Whilst our client base is eclectic, it is also select, allowing us to properly advise our clients through our personalised approach. Our clients know they are getting the best advice and a clear understanding of the market.

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Disclaimer - Property reference 40KingStreetInvestment. 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 Edwards Property Consultants, Manchester. 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.