Canada House

2 Chepstow Street, Manchester, M1 5FW
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Key contactAndrew CowellTransactions & Asset Management
Key contactScott GemmellTransactions & Asset Management

Investment summary

Iconic Grade II listed building in Manchester City Centre.

95% lease with tenants including Puma, TBWA, Axon Moore & Historic England.

Puma account for 33% of the income, they have an Experian score of 99/100 (Very Low Risk).

Let to 21 tenants with a Weighted Average Unexpired Lease term of 5.5 years (2.7 years to breaks).

Low average office rent of £18.59 with the potential to grow rental income through lease events.

Refurbished Grade A office space, gym, swimming pool, meeting rooms.

Rainwater harvesting, Gold SKA Sustainability rating, Living Wage employer & Green energy supply.