82-84 Silk Street, Manchester, Greater Manchester, M4 6BJ

Property Information

Property description

*INVESTMENT OPPORTUNITY*

The property is located on the south side of Silk Street between Radium Street and Poland Street in Ancoats, Manchester. Ancoats is a rapidly improving area of redevelopment within close proximity to Manchester city Centre. A large number of apartment schemes have already been completed and there are several currently underway in the immediate location. Cutting Room Square is within easy walking distance being home to various popular bars and restaurants including Rudy's, Seven Bro7hers Beerhouse, Rigatoni's and Canto. All City Centre shops, bars, restaurants and transport links are within easy walking distance.

The property comprises two terraced high quality character office buildings which have been split into 3 suites each providing a total of 6 self contained office suites.

The suites have character features such as exposed brickwork and original wood flooring, all fitted out to a high standard with their own WC's and kitchen facilities.

A dataroom is available which includes the leases, photos, title documents and EPCs.
Fully let character office investment
Currently producing an income of £95,000pa with an ERV of £102,000pa
Net initial yield of 7.5% and reversionary yield of circa 8%
Highly popular Ancoats location

EPC for 82-84 Silk Street, Manchester, Greater Manchester

;