Commercial property for sale in Whitworth Street, Manchester M1
* Calls to this number will be recorded for quality, compliance and training purposes.
- Best offers by Monday 13 February 2023
- Offers in the region of £3.3m
- Prime location
An exciting opportunity to invest in a prime retail/leisure asset in the heart of Manchester City Centre.
An excellent freehold opportunity to invest in the fastest growing city in the UK.
Regency / Brazil House host a range of exciting and established businesses in one of
Manchester's most recognisable areas of the city.
Regency House / Brazil House comprises two adjoining attractive Grade II listed period buildings which have been extensively refurbished as 5 ground floor/lower ground retail/leisure units and 47 apartments above.
In addition, there is car parking at mezzanine and 1st floor level. The ground floor/lower ground commercial occupiers include a national gym operator - Bannatyne Health Club, a well established Japanese restaurant - Samsi, the popular Richmond Tea Rooms and the trailblazing Tribeca nightclub.
The individual apartments above have been sold on long leases and the sale includes the
income from the commercial units and ground rents from 47 apartments.
Prime location in the heart of Manchester City Centre.
Close to Piccadilly Gardens, Piccadilly Train Station and a short distance from Metrolink.
All city centre amenities including retail, bars, restaurants and hotels within close proximity.
Long established tenants.
Income from 5 commercial units plus ground rents from 47 apartments - current passing
rent £306,830 per annum.
Attractive net initial yield of 8.76%.
Freehold under title no. LA198462.
It should be noted that the sub basement floor of Bannatyne's gym (swimming pool) is held by Bannatyne's on a 99 year lease.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
WT Gunson, M2 on +44 161 937 6721 * (local rate)
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.