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Market St
Manchester M1 1WR
The Arndale Centre · Retail Property For Sale · 1,469,491 SF
Investment Highlights
- Prominent Location
- Good Transport Links
- Close to local amenities
Executive Summary
Manchester is one of Europe’s most dynamic cities and is the commercial and administrative capital of the North West of England, located 196 miles north west of London, 83 miles north of Birmingham and 27 miles east of Liverpool.
PROPERTY FACTS
| Unit Size | 6,605 SF | Building Class | A |
| No. Units | 1 | Floors | 24 |
| Total Building Size | 1,469,491 SF | Typical Floor Size | 10,275 SF |
| Property Type | Retail (Condo) | Year Built | 1979 |
| Property Subtype | Retail | Lot Size | 15.68 AC |
| Sale Type | Investment | Parking Ratio | 0.99/1,000 SF |
| Unit Size | 6,605 SF |
| No. Units | 1 |
| Total Building Size | 1,469,491 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Retail |
| Sale Type | Investment |
| Building Class | A |
| Floors | 24 |
| Typical Floor Size | 10,275 SF |
| Year Built | 1979 |
| Lot Size | 15.68 AC |
| Parking Ratio | 0.99/1,000 SF |
1 Unit Available
Unit 31
| Unit Size | 6,605 SF | Tenure | Freehold |
| Condo Use | Retail | Cap Rate | 9.85% |
| Sale Type | Investment | NOI | $485,433.55 |
| Unit Size | 6,605 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 9.85% |
| NOI | $485,433.55 |
Description
The property is situated in a 100% prime position on
the northern side of Market Street close to Brown
Court, one of the busiest entrances into the Arndale
Shopping Centre. Nearby retailers include H&M,
Adidas, Urban Outfitters, Uniqlo and TK Maxx
Sale Notes
£3,950,000 (Three million, nine hundred and fifty thousand pounds) subject to contract and exclusive of VAT which reflects
a net initial yield of 9.85%, net of standard purchasers costs.
Amenities
- Atrium
- Banking
- Bus Line
- Dedicated Turn Lane
- Food Court
- Property Manager on Site
- Raised Floor
- Restaurant
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Automatic Blinds
- Storage Space
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Learn More About Investing in Retail Properties
