Sold

Honest Burgers

The Annex, 36 Bridge Street, Manchester, M3 3BT
Limit of 26 reached
Shortlist Directions Brochure
Sector
Size
Price
Net initial yield
Key contactScott GemmellTransactions & Asset Management

Investment summary

The property comprises of a Grade II listed building currently configured as a restaurant leisure unit.

Located in Spinningfields, Manchester’s premier business and leisure district.

Prime leisure pitch with nearby occupiers including Dishoom, San Carlo, The Oast House, The Ivy, MUSU and more.

Total gross internal area of 2,537 sq ft across ground and two upper floors, plus a roof terrace at second floor level.

Fully let to Honest Burgers Ltd for a term of 25 years from 1st February 2019.

There is a tenant option to break on the 15th anniversary (11.4 years term certain).

The passing rent is £95,000 pa.

5 yearly reviews to open market rent.

Virtual Freehold.