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Mercantile House 10 Lapwing Ln 2,750 SF Office Building Manchester M20 2WS $959,474 ($348.90/SF)



EXECUTIVE SUMMARY
A well located Grade II character office building for sale. The existing tenant is secured until 25/3/2026, with a passing rent of £42,500 per annum.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,750 SF
Building Class
B
Year Built/Renovated
1903/2006
Price
$959,474
Price Per SF
$348.90
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,375 SF
Building FAR
0.26
Lot Size
0.24 AC
Parking
8 Spaces (3.31 Spaces per 1,000 SF Leased)
1 1
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Mercantile House | 10 Lapwing Ln
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