Piccadilly Business Centre Unit C Blackett St 7,723 SF 100% Leased Office Building Manchester M12 6AE £950,000 (£123.01/SF) 9.82% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- Solid Transport Links
- On-Site Parking
EXECUTIVE SUMMARY
A prime investment opportunity for the long leasehold interest inviting offers in excess of £950,000 which assuming purchaser’s costs of 5.49% shows a NOI yield of 9.82%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
7,723 SF
Building Class
B
Year Built
1990
Price
£950,000
Price Per SF
£123.01
Net Initial Yield
9.82%
NOI
£93,290
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,862 SF
Building FAR
0.86
Lot Size
0.21 AC
AMENITIES
- Air Conditioning
