Marketed by
Graham & Sibbald
Manchester
49 King St, Manchester M2 7AY
Available
1 of 7
Offers Over
£2,175,000
Victoria House, 252, Great Ancoats Street, Manchester, M4 7DB
2914 sq. ft (270.72 m²)
Key features
- Prominent convenience store located in the desirable location of Ancoats, Manchester.
- Ancoats is an affluent area located approximately 1 mile northeast of Manchester City Centre.
- New build convenience store built under residential accommodation.
- Well configured convenience store providing 2,914 sq ft of retail space.
- Let entirely to undoubted covenant of Asda Stores Limited.
- Practical Completion Q2 2025
- New FRI Lease for a term of 15 years to start from the date of occupation. Agreement for Lease is in place between Asda Stores Limited and the landlord FG Victoria House Limited.
- The initial rental will be £140,000 per annum (£48 psf) with an initial rent-free period of 12 months.
- Rent to be reviewed 5 yearly in line with RPI (2-4% cap and collar.)
- Long Leasehold - 245 years remaining from 2025 with no premium payable.
Description
Victoria house is an elegant new development in Manchester's Ancoats area making a striking impression on the city's skyline sat on a former warehouse site.
The site now comprises 177 apartments within a 25 storey building with the ground floor comprising a self-contained convenience store of brick elevation and glass return frontage.
The site now comprises 177 apartments within a 25 storey building with the ground floor comprising a self-contained convenience store of brick elevation and glass return frontage.
Reference: 54008_sales
Marketed by
Graham & Sibbald
Manchester
49 King St, Manchester M2 7AY
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