Pets at Home, 100 Regent Road, Salford, Greater Manchester M5

Offers in excess of £3500000

• Modern solus retail warehouse, with GIA of 13,662 sq. ft.
• Excellently located with immediate proximity to
Manchester City Centre and very prominently located on
Regent Road (A57).
• Let to Pets at Home Ltd on a new 15-year FRI lease
subject to 5-yearly upwards only rent reviews.
• Highly reversionary current passing rent of £200,000 pa,
reflecting a low average rent of £15.86 psf.
• Pets at Home Ltd have undertaken a significant
refurbishment of the unit prior to their recent opening.
• Neighbouring occupiers inc. Sainsburys, TK Maxx, JD Gyms,
Boots, Costa Coffee, Sports Direct and Home Bargains.
• The immediate area has become a prime location for city
centre residential development in recent years, a trend set
to continue with several nearby schemes currently under
construction and Henley's 'Regent's Park' scheme securing
planning approval last year.
• Held long leasehold with nearly 115 years unexpired, at a
peppercorn rent
• Longer-term alternative use is underpinned by residential and roadside retail/ drive thru uses, subject to planning and long leaseholder / freeholder consent.

100 Regent Road is located in Salford, immediately to the west of Manchester city centre, within a highly strategic position serving the wider North West. The property fronts Regent Road (A57), a key arterial route linking Manchester city centre with Salford, Eccles and the M602 motorway,
providing direct access to the M60 orbital motorway and onward connections to the M62, M61 and M56. These routes offer efficient access across Greater Manchester
and to major regional centres including Liverpool, Leeds, Preston and Warrington.

100 Regent Road occupies a high profile gateway position between Salford and Manchester city centre. Regent Retail Park itself is an established and popular retail destination anchored by national brands and the park has consistent high footfall. Neighbouring occupiers include Sainsburys, TK Maxx, JD/ JD Gyms, Boots, Costa Coffee, Sports Direct and Home Bargains.

The surrounding area has undergone significant transformation, with major investment across areas including Middlewood Locks, Greengate, New Bailey and Salford Central which has been
dominated by significant residential development.