One Tony Wilson Place, Manchester
UK - Manchester
£52,500,000 | 174,951 sf
Asset Description
A Prime Grade A Well Let Office Investment Within A Best in Class Scheme
...
Attributes
Asking Price
£1,620,000
Building area Net
4,781 sf
Occupancy
100.00%
Year built
2021
Media
Investment Highlights
- Located in York City Centre adjacent to York Rail Station
- Forms an integral part of an exceptional mixed-use scheme within the ancient city walls
- York City Centre Office Market Grade A availability rate extremely low
- Newly constructed in 2021 and one of the best office suites in York
- Virtual Freehold
- 4,781 sq ft office ground floor unit with 3 dedicated car parking spaces including 1 electric charging point
- 5 secure cycle spaces with shower and drying facilities
- Let to Knights Professional Services Limited until May 2031 providing in excess of 8 years term certain
- EPC B (28)
- Total rent of £126,275 per annum reflecting only £25.00 psf
- We are instructed to seek offers in excess of £1,620,000 subject to contract and exclusive of VAT
- A purchase at this level equates to a net initial yield of 7.34% and a low capital value of £338 psf assuming purchaser's costs of 6.14%
Contact brokers
VICTORIA YORK (0 Properties)
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Last updated
11 May 2023
