Piccadilly Business Centre Unit C Blackett St 7,723 SF 100% Leased Office Building Manchester M12 6AE $1,286,015 ($166.52/SF) 9.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent Business Location
- Solid Transport Links
- On-Site Parking
EXECUTIVE SUMMARY
A prime investment opportunity for the long leasehold interest inviting offers in excess of £950,000 which assuming purchaser’s costs of 5.49% shows a NOI yield of 9.82%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
7,723 SF
Building Class
B
Year Built
1990
Price
$1,286,015
Price Per SF
$166.52
Cap Rate
9.82%
NOI
$126,287
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,862 SF
Building FAR
0.86
Lot Size
0.21 AC
AMENITIES
- Air Conditioning
