Office for sale in Ralli Courts, New Bailey Street, Salford M3

Offers in region of £6,900,000 (£291.11/sq. ft)
Office for sale 23,702 sq. ft*
Interested in this property? Call +44 161 937 6721 * or Request Details

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Property features

  • 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

Property description

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.

Building highlights

Part income producing with current rental income of £226,265pa and an

erv of £427,230pa

Extensive fit out on 1st floor

Contemporary Exposed Ceiling

Floor boxes and cable tray data management

New air conditioning system

Newly refurbished WC's and common areas

Disabled WC on the ground floor

Passenger lift

LED Strip lighting

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
WT Gunson, M2 on +44 161 937 6721 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by WT Gunson, and do not constitute property particulars. Please contact WT Gunson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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