Property Details

7 bedrooms Office Commercial for sale £ 9899000

Bury St, Salford M3, UK Guide price

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5814 sqft
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7 beds
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3 Bath
Key property facts

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.

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Property value
Down Payment20%
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