MIOC, Styal Road, M22
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Tenure
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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
- 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)
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Tenure
- Leasehold
- Length of lease
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
MIOC, Styal Road, M22
About Carrick Real Estate, Manchester
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