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Prime Freehold Investment/Development Opportunity
Part income producing with current rental income of £226,265pa and an erv of £427,230pa
Guide of £6.9m
274 Deansgate is a striking and attractive five storey building within touching distance of Manchester's Metropolis of upmarket bars restaurants and entertainment venues. Located between Spinningfields and the new St John's scheme, the property is flanked by two Metrolink stops, giving gracious access to Piccadilly Station, desirable suburbs and
the UK's 3rd largest airport. With endless potential for redevelopment
the building could be converted to residential apartments or even Manchester's next iconic hotel, giving 274 Deansgate an ever increasing value.
This 1950's building was refurbished in the mid 90's and the 2nd, 3rd and 4th floors have recently been refurbished with a modern contemporary character/industrial look to a high specification. The 4th floor also has an
outdoor/balcony for the alfresco meeting, with a backdrop of city views.
The 1st floor is fitted out to a high standard with suspended ceilings incorporating a mix of LED panel and LG3 lighting.
The ground floor front & part basement currently hosts a high-end bike retailer with full wrap around window displays capturing maximum
exposure from South-Deansgate's high footfall.
To the side of the property there is a selfcontained entrance leading to the office accommodation on rear ground floor and 4 upper floors. In addition, there is storage space at rear basement level.
The 3rd/4th floors are currently let with the remainder of the office space currently vacant.
Part income producing with current rental income of £226,265pa and an
For more information about this property, please contact WT Gunson, M2 on +44 161 937 6721 * (local rate)
Contact WT Gunson about this property
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