One Tony Wilson Place, Manchester
UK - Manchester
£52,500,000 | 174,951 sf
A unique opportunity to acquire a prime, multi-let office investment with a robust income profile in the heart of Cardiff city centre
Offers are sought in excess of £17,000,000 (Seventeen Million Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects an attractive net initial yield of 7.27% on the contracted income (no top ups) plus only £200 per sq ft on the vacant space, assuming purchaser’s costs of 6.72%.
Based on our opinion of the estimated rental value, the yield will increase to 8.78% once fully let.