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South Court Business Centre, Sharston Road, Sharston, M22 4SN

36,088 to 76,230 Sq Ft / Offices

For Sale - £4,800,000.00

Available - Last updated: 23 November 2021

South Court Business Centre

Multi-Let Office Investment Opportunity

Sharston Road, Sharston, Manchester, M22 4BB

Highly prominent office investment in Greater Manchester with excellent transport links.

This contemporary property comprises three buildings, two of which are 4 storeys and the third is a 3 storey building, arranged in a 'U Shape'. The building has been extensively refurbished to the highest standard with 70% of the windows newly double glazed. The property is divided into a variety of separate offices measuring 115 up to 4409 square feet. The property sits on a site of c. 1.75 acres providing coverage of 20%.
Every floor of the three-story Business Centre features modern shared kitchens as well as bathroom facilities. Onsite Shower facilities provide space to freshen up after the morning cycle to work. The building also offers a modern reception area with an onsite café and lift access to all floors.

Investment summary:
• Multi-let office investment, South Manchester
• Highly prominent location, just off the Sharston Interchange- M56
• Strategically located with excellent transport links by road, rail, and air.
• Flexible office space divided into spaces measuring 115-4409 sq ft.
• Net rental income of £477,888 per annum
• 81% let to multiple tenants
• Net ERV (Estimated Rental Value) £588,982 per annum
• Held long leasehold for a term of 200 years with a ground rent of £8000
• Ground rent reviewed 5 yearly upwards only and linked to a percentage of open market value

Features:
• Total NIA of 36,088 splits over 4 floors.
• 1.75-acre site with secure parking for 160 vehicles
• Suite sizes ranging from 115 - 4409 sq ft
• 24-hour access
• Onsite Building Manager
• High-quality CCTV security cameras
• Onsite Café
• Kitchen & Bathroom facilities on each floor
• Shower room

Location

Sharston Road, Sharston, Manchester, M22 4BB
Sharston is an area in Wythenshawe, South Manchester. It has a resident population of 16,754, taken from the 2011 census.
South Court Business Centre is conveniently situated a short walk from Gatley train station and just off the M56, meaning it is easy to access by car or public transport from Manchester City Centre, Manchester Airport and the surrounding areas. Nearby amenities within a mile of South Court Business Centre include shops, restaurants, supermarkets, and gym facilities in the neighboring villages of Gatley and Baguley.

Terms

Misrepresentation Act 1967 Ivy Business Centre Ltd for themselves, for any joint agents and for the vendors or lessors of this property whose agents they give notice that: 1: The details contained within these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. 2: All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to each of them. Figures and gross rentals quoted may be subject to change.
3: No person in the employment of Ivy Business Centre Ltd or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4: All rentals and prices are quoted exclusive of VAT. Compliance Declaration: One of the partners in our commercial division has a declarable interest in this property. This statement is being made in compliance with regulation ahead of any potential negotiations.

Specification

Features:
• Total NIA of 36,088 splits over 4 floors.
• 1.75-acre site with secure parking for 160 vehicles
• Suite sizes ranging from 115 - 4409 sq ft
• 24-hour access
• Onsite Building Manager
• High-quality CCTV security cameras
• Onsite Café
• Kitchen & Bathroom facilities on each floor
• Shower room

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Leasehold £4,800,000.00 NA

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Ivy Business Centre

Ivy Business Centre Ltd

0161 401 1369



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