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Peter House
Acquired

Peter House

St Peter's Square, Manchester M1 5AN

  • Grade A office accommodation totals 82,274 sq ft (7,957.4 sq m) with the ground floor leisure/retail accounting for 12,380 sq ft (836.2 sq m).

  • Total of 94,654 sq ft (8,821.5 sq m) across 11 storeys and 38 basement car parking spaces

  • Prime location facing onto St Peters Square

  • Over 90% let to Manchester Oxford Street Centre Limited, with the substantial covenant of Regus Plc (14.25 years term certain).

  • Category A works completed in August 2018 with Category B works completing in forthcoming stages, with final completion in February 2019.

  • In total £12.5m is committed to be spent on the refurbishment of the office accommodation during this period, equivalent to £146 per sq ft.

  • Estimated Rental Value (ERV) of £2,835,025 per annum (£27.50 per sq ft)

  • Freehold

  • Offers in excess of £44,000,000 (6.78% NIY)

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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