four prominent office/showroom investment …...charlton house 27 ardwick green north, manchester...
TRANSCRIPT
M A N C H E ST E R M 12 6 F Z
FO U R P RO M I N E N T O F F I C E / S H O W RO O M I N V E ST M E N T O P P O RT U N I T I E S
I N V E ST M E N T S U M M A RY
• A grade II listed Georgian terraced building, converted
to provide office suites.
• Approximate Net Internal floor area is 268.41sqm
(2,889sqft).
• Let to a variety of occupiers and generating a gross
annual rent of £32,054.
Tanzaro HouseA R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z
Charlton House27 A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z
Milford House29 A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z
The Grove27 M A N O R ST R E E T, A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 H E
• A substantial and attractive former factory building,
that has been sympathetically restored and
converted to create a number of offices and studios.
• Let to various occupiers within the fashion industry
and generating a gross annual rent of £324,392.
• Approximate Net Internal Area of 5,147sqm
(55,404sqft).
• A grade II listed Georgian terraced building, which has
been converted into attractive office accommodation
and boasts a number of original features.
• Let to a variety of occupiers within the fashion industry
and generating a gross annual rent of £25,800
• Approximate Net Internal Area 261.12sqm (2,811 sqft).
• A Grade II Listed Georgian end terrace, converted to
provide office accommodation.
• Approximate Net Internal Area of 319.96 sq m
(3,438 sq ft)
• Available with vacant possession.
LO C AT I O N
MANCHESTER IS A IS A MAJOR CITY AND METROPOLITAN BOROUGH IN GREATER MANCHESTER, WITH A POPULATION OF 545,500 AS OF 2017. IT LIES WITHIN THE UNITED KINGDOM’S SECOND-MOST POPULOUS URBAN AREA, WITH A POPULATION OF 2.7 MILLION.
The regional North West economy is worth more than £120 billion
with over 260,000 businesses and a population of over 7 million.
The economy in the North West is expected to grow by 2.1% by
the end of 2019, making it the fastest growing UK region this year.
Greater Manchester is forecast to grow at a rate of 14% over the
next five years, well ahead of the UK average of 11%.
It is anticipated that the levels of job creation in Manchester could
outpace that of cities such as Berlin, Tokyo and Paris between
2015 and 2020, helped by Greater Manchester having the largest
regional creative and digital clusters in the UK, employing 63,500
people and generating GVA of £3.1 billion each year.
is a city at the heart of the Northern Powerhouse and provides
excellent connectivity both nationally and internationally.
Manchester airport welcomes flights from 200+ cities including
San Francisco, Dubai, Mumbai, Beijing, Hong Kong, Singapore.
60 trains per day travel between Manchester and London in only
2 hours; and the motorway network places Leeds, Liverpool and
Birmingham within easy driving distance.
MANCHESTER
LEEDS
LONDON
EDINBURGH
LIVERPOOL
BIRMINGHAM
GLASGOW
The properties are located in a prominent
position on Ardwick Green North, just
off the main A6, around 0.5 miles from
Manchester City Centre. Manchester’s
inner city ring road, the A(57M) is
situated 0.3 miles to the north and
provides excellent transport links by road
throughout the City Centre and wider
road network. Manchester Piccadilly
Railway Station lies 0.4 miles from the
properties, within easy walking distance.
In recent years, there has been extensive
redevelopment within the Piccadilly area,
with older buildings being refurbished
or converted to provide leisure and
office accommodation including the
new 10,000 capacity Mayfield depot
music venue, creating a hub for arts and
entertainment within the area.
Both the University of Manchester and
Manchester Metropolitan Universities are
located within 0.6 miles of the properties
and the O2 Apollo music venue is 0.3
miles to the south.
P O S I T I O N
Tanzaro
House
Charlton
House
Milford House
The Grove
MANCHESTERPICCADILLY
DEANSGATECASTLEFIELD
MANCHESTERVICTORIA
OXFORD ROAD
Manchester Central(MCCC)
St Peter’sSquareHOME
Manchester Arndale
Manchester Arena
University ofManchester
ManchesterMetropolitan
University
Mancunian Way (A57)
PiccadillyGardens
GartsideGardens
ArdwickGreen
Spinningfields
ChinaTown
A6
MayfieldDepot
MacdonaldHotel
NorthernQuarter
Betham Tower
CO M M U N I C AT I O N S
MANCHESTER PICCADILLY STATION
0.4 MILES
THE UNIVERSITYOF MANCHESTER
0.6MILES
MANCHESTERAIRPORT
9 MILES
MANCHESTERARENA
1.6 MILES
NORTHERNQUARTER
0.5 MILES
MANCHESTERARNDALE CENTRE
1 MILE
MANCHESTER CENTRAL
(MCCC)
1MILE
MANCHESTER METROPOLITAN
UNIVERSITY
0.5 MILES
HOME CINEMA
& THEATRE
1 MILE
T H E P O RT FO L I O
The building provides a range of large and smaller units
across four floors, to suit a variety of occupiers. Each unit
retains a number of original features including tiled walls,
beamed ceilings and sash windows. Lift access is provided
to the upper floors.
There is a car park to the rear comprising around 12 spaces.
Asking price available on request.
TENUREThe property is held freehold.
A substantial and attractive former factory building, that has been sympathetically restored and
converted. Internally the property has been sub-divided to create a number of offices and studios,
and is now a popular hub for the fashion industry.
Schedule of accommodation:
Tanzaro HouseA R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z Unit Size (Sq.Ft) Tenant Rent (p.a.)Basement
1 3,122 Occupied £10,000Ground Floor
1 10,388 Occupied £30,0002 1,744 Occupied £12,2083 1,916 Occupied £9,8004 3,455 Occupied £20,000
First Floor1 4,952 Occupied £37,1322 3,584 Occupied £18,7523 1,270 Occupied £8,8924 3,886 Occupied £15,8005 2,239 Occupied £13,0006 1,582 Occupied £10,0007 Not inspected Occupied £5,000
Second Floor1 1,066 Occupied £8,0002 1,938 Occupied £14,5363 3,057 Occupied £21,4004a 1,335 Occupied £10,0004b 2,347 Occupied £11,0005 1,959 Occupied £19,5926 2,067 Occupied £20,7807 3,498 Occupied £16,500Telephone Mast 1
Vodaphone £6,500
Telephone Mast 2
T Mobile £5,500
TOTAL 55,404 £324,392
Full tenancy information available on request.
T H E P O RT FO L I O
The ground floor provides 2 offices and a kitchen, the
first floor has 2 offices and 3 bathrooms, and the second
floor has 3 office suites. There is also a basement which
provides 3 offices and a further kitchen.
The property has recently been recently fully refurbished
to a good standard whilst retaining its original features.
Asking price available on request.
TENUREThe property is held freehold.
A grade II listed Georgian terraced building, which has been converted into attractive office
accommodation and boast a number of original features.
Schedule of accommodation:
Charlton House27 A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z Unit Size (Sq Ft) Tenancy Rent (p.a.)Basement
Room 1 216 VacantRoom 2 242 VacantRoom 3 84 VacantKitchen 194
Ground FloorOffice 249 Occupied £3,600Office 273 Management officeKitchen 200
First FloorOffice 341 Occupied £11,400Office 273 Occupied £3,600WC 15WC 73WC 124
Second FloorOffice 156 Occupied £7,200Office 184 VacantOffice 189 VacantTOTAL 2,811 £25,800
Full tenancy information available on request.
T H E P O RT FO L I O
Internally, the property provides a number
of office suites, with 3 ground floor offices
and a WC, 3 offices and a bathroom to the
first floor, and a further 2 offices, kitchen
and bathroom to the second floor.
Asking price available on request.
TENUREThe property is held freehold.
A grade II listed Georgian terraced building, converted to provide office suites. Schedule of accommodation:
Milford House29 A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 F Z Unit Size Tenancy Rent (p.a)Ground Floor
Office 315 Occupied £11,740Office 258 Occupied £1,800Office or Kitchen 272WC 21
First FloorOffice 451 Occupied £11,750Office 254 VacantOffice 250 VacantBathroom 52
Second FloorOffice 451 Occupied £6,754Office 254 VacantKitchen 259Bathroom 52TOTAL 2,889 £32,044
Full tenancy information available on request.
T H E P O RT FO L I O
The basement provides 3 showrooms, 2
stores and a bathroom. The ground floor has 3
showrooms/studios and a bathroom. The first
floor has 2 showrooms/studios, an office, kitchen
and 2 WC’s and the second floor has 5 offices.
Asking price available on request.
TENUREThe property is held freehold.
Unit Size
Basement
Showroom 358
Showroom 226
Showroom 237
Store 47
Store 37
Bathroom 38
Ground Floor
Showroom 363
Showroom 223
Showroom 238
Bathroom 69
First Floor
Showroom 366
Showroom 231
Office
Kitchen 217
WC 52
WC 33
Second Floor
Office 110
Office 160
Office 167
Office 184
Office 81
TOTAL 3,438
A vacant grade II Listed Georgian end terrace, converted to provide office accommodation. Schedule of accommodation:
The Grove27 M A N O R ST R E E T, A R D W I C K G R E E N N O RT H,
M A N C H E ST E R M 12 6 H E
F U RT H E R I N FO R M AT I O N
VATAll offers made should be exclusive
of VAT which may be applicable.
PROPOSALEach party will be responsible
for their own legal costs.
FURTHER INFORMATIONA full information pack is
available on request.
EPCCopies of EPCs are
available on request.
To discuss the opportunity in further detail please contact:
0161 710 2010
0161 839 0080
Misrepresentation Act 1967. Unfair Contract Terms Act 1977 The Property Misdescriptions Act 1991. These particulars are issued without any responsibility on the part of the
agent and are not to be construed as containing any representation or fact upon which any person is entitled to rely. Neither the agent nor any person in their employ has any
authority to make or give any representation or warranty whatsoever in relation to the property. September 2019. RB&Co 0161 833 0555. www.richardbarber.co.uk