Commercial property for sale in 82-84 Silk Street, Ancoats, Manchester M4
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Property features
- Fully let character office investment
- Currently producing an income of £95,000pa with an erv of £102,000pa
- Net initial yield of 7.5% and reversionary yield of circa 8%
- Highly popular Ancoats location
Property description
*investment opportunity*
The property is located on the south side of Silk Street between Radium Street and Poland Street in Ancoats, Manchester. Ancoats is a rapidly improving area of redevelopment within close proximity to Manchester city Centre. A large number of apartment schemes have already been completed and there are several currently underway in the immediate location. Cutting Room Square is within easy walking distance being home to various popular bars and restaurants including Rudy's, Seven Bro7hers Beerhouse, Rigatoni's and Canto. All City Centre shops, bars, restaurants and transport links are within easy walking distance.
The property comprises two terraced high quality character office buildings which have been split into 3 suites each providing a total of 6 self contained office suites.
The suites have character features such as exposed brickwork and original wood flooring, all fitted out to a high standard with their own WC's and kitchen facilities.
A dataroom is available which includes the leases, photos, title documents and EPCs.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
WT Gunson, M2 on +44 161 937 6721 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by WT Gunson, and do not constitute property particulars. Please contact WT Gunson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.