Rare opportunity to acquire a Grade II* listed multi-let office investment, set within a site area of 1.41 acres
Landmark Victorian building set within the grounds of Abney Park, Cheadle Village, one of Greater Manchester’s most distinctive and characterful office addresses
Total Net Internal Area of 21,661 sq ft (excl. basement) across a range of office suites ranging from 229 sq ft to 11,326 sq ft
Multi-let to eight occupiers generating a rent of £471,434 per annum
Significant asset management and reversionary opportunity
75 on-site car parking spaces
Accessible location: Cheadle Village centre is within walking distance; excellent road connectivity via M56 /M60 motorway network
Long Leasehold, comprising a 150-year lease from 8 November 2019 granted by the Metropolitan Borough Council of Stockport
Seeking offers in excess of £3,750,000. This reflects a topped-up Net Initial Yield of 11.80% and a capital value rate of £173 per sq ft.