• Broker Daniel Harris 1615095987

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

View Photo

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

MAP

ADDITIONAL PHOTOS

View Photo Aerial
View Photo Site Plan
View Photo Interior Photo
View Photo Interior Photo
View Photo Interior Photo

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.