Striking modern office investment located centrally within Media City, Salford.
Stunning views across Huron Basin and North Bay towards Media City UK and The Lowry.
Refurbishment/repositioning opportunity given short dated lease expiries and low passing rents.
Comprises 72,380 sqft arranged over 7 storeys plus 44 basement car spaces and 2 restaurant units with covered external seating.
Flexible floor plates ranging from 6,000 sqft - 11,400 sqft
6 tenants currently in occupation providing a passing rent (including turnover rent) of £768,788 pa. This equates to just £10.00 psf per annum overall.
As part of masterplan proposals, a scheme comprising a single 35 storey residential tower comprising 292 apartments has been designed and received positive support from Salford City Council.
Freehold.
Quoting £6,000,000 which reflects only £83psf capital value.
