£ 9899000
Guide price

Ownership: Freehold
Condition: Newly build
Purpose: No
Reception : Yes
Home age : 20
Ground & First Floor, Quebec Building, Bury Street, Salford, M3 7DU. – Strategically positioned on the periphery of Manchester city centre. – Only a 10 minute walk to key amenities, Metrolink stops, Salford Central & Manchester Victoria Railway stations. – Fully let investment offering secure income with reversion on the rents. – 5,814 sq ft / 540.14 sq m (NIA). – 14 fully fitted & furnished suites with shared meeting room, kitchen & breakout area. – Gross Income of £166,739 per annum & Net Current Income of £140,756 per annum (after net operating costs of c. £25,982 per annum). We have been instructed to seek offers in excess of £1,550,000 subject to contract and exclusive of VAT, for our clients long leasehold interest. A purchase at this level reflects a Gross Yield of 10.14%, Net Initial Yield of 8.56% and a capital value of £267 per sq ft.
Monthly repayments
* These results are for a repayment mortgage and are intended as a guide only. Make sure you obtain accurate figures from your broker/lender before committing to any mortgage. The tool, its content and its output are not intended as financial or professional advice nor as an application, offer, solicitation or advertisement as to any loan or loan features, and should not be your primary source of information about mortgage possibilities for you.
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