The property is an imposing and attractively presented three-storey unit of brick construction with wall to wall dormers to front and rear at second floor level. The property is occupied by Santander Bank to the ground floor while the upper floors are currently occupied by a single office tenant throughout.
The subject of this letting is the office space to the first and second floor, which is accessed by private entrance to the ground floor off Wilmslow Road and to the rear via a second entrance through a private gated car park.
A common stairwell leads to the first floor where a large open plan office can be found with partitioned meeting room, reception, kitchen, and managers office off, plus W/C facilities. This space may well suit several other uses including restaurant or café use.
The second floor is similarly laid out with large open plan office and partitioned meeting room, kitchen, managers office, and two storage rooms off, plus W/C facilities. Both floors benefit from air conditioning and the upper floors come with 10 private car parking spaces found in the gated car park directly to the rear.
Location
The property is situated in a prime position along Wilmslow Road approaching the crossroads of Barlow Moor Road and School Lane in Didsbury Village, one of South Manchester’s most popular and affluent areas.
Manchester City Centre is located approximately 5 miles to the north, and the immediate area boasts excellent transport links, being around 1 mile from junction 3 of the M60 and junction 1 off the M56 Motorway. Didsbury, Cheadle, Wilmslow and Stockport are all within easy reach of the property, as is Manchester Airport which is around 6 miles away. Additionally, regular bus services run along Wilmslow Road linking South Manchester to the City Centre and the property is just a short walk away from Didsbury Metro station.
Wilmslow Road benefits from several national operators including Santander Bank (beneath), Café Nero, Costa Coffee, M&S Food, Boots and Franco Manca Pizzeria, and many local independent shops, cafes, and restaurants.
Accommodation
The property can be split into separate units, providing net internal areas as follows: -
First Floor - 222 sq m (2,390 sq ft)
Second Floor - 222 sq m (2,390 sq ft)
Total - 444 sq m (4,780 sq ft)
Plus W/C facilities to each floor and 10 private parking spaces to rear.
Terms
TERMS - The premises are available by way of a new 10-year FRI (Full Repairing & Insuring) lease, subject to 3 yearly rent reviews and all other terms to be agreed.
VAT - We understand that VAT is not applicable to the rent on this property.
LEGAL COSTS - The ingoing tenant is to be responsible for the landlord’s reasonable legal fees in preparing the necessary documentation.
RENT:
First floor - £40,000 per annum
Second floor - £30,000 per annum
Combined - £70,000 per annum
BUSINESS RATES - Rateable Value (2023 List) - £61,000
Looking at the VOA split it appears that the first floor RV if separated would be £35,000 with the second floor being £26,000.
Interested parties are advised to make their own enquiries with the local authority regarding rates payable, however Rates Payable are currently based on a rate of 49.9p/£ (2023/24)
EPC RATING - B(36)