Marsland Road, Sale, Greater Manchester, M33

Freehold office investment - Marsland House, Marsland Road, Sale, Manchester M33 3AQ
Offers in excess of £4,500,000 (Four Million Five Hundred Thousand Pounds)
Net initial yield of 6.14% and reversionary yield of 12.00% after leasing vacancy (after full purchaser's costs)
Attractive low capital value of £128 per sq ft - substantially below replacement cost
34,962 sq ft arranged over ground and 3 upper floors
Total income £294,654 per annum (50% let)
Multi-let building with tenants including Xenia Property Group Ltd, Citadel Technology Limited, and Streetwize Accessories
Headline lease income £282,954 per annum plus car parking license income £11,700 per annum
17,542 sq ft currently vacant across seven suites - immediate opportunity to drive rental performance
Low passing rent of just £15.12 per sq ft - significant reversionary potential
Prime Manchester rents now achieving £44+ per sq ft, with speculative new build quoting £50+ per sq ft
Unparalleled car parking - 130 spaces providing exceptional 1:270 sq ft ratio
63 vacant car parking spaces available
Outstanding growth potential in established Sale location
Excellent transport links and amenities nearby