Available

Abney Hall

Cheadle Village, Greater Manchester, SK8 2PD
Limit of 26 reached
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Key contactScott GemmellTransactions & Asset Management
Key contactWill LewisTransactions & Asset Management

Investment summary

  • 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.