The property is a mid-terrace building of brick construction, which is set out over 4 floors including basement. The front elevation is largely glazed, while the rear of the property has the rare benefit of a private gated carpark with space for circa 4 vehicles.
The property presents to a very high standard with air conditioning and feature flooring throughout and currently offers customer facing retail/showroom space to ground and first floor, with second floor office and meeting room and substantial storage space, kitchen, and staff room to basement.
Toilet facilities are provided at basement and first floor levels. 4 private car parking spaces are included within the rear gated yard.
Location
The premises, which is presently occupied by Farrow & Ball, is situated in the heart of Manchester City Centre along a busy and popular area of Deansgate, between Richer Sounds and Pinarello Bike Shop and directly across from Jordan Fishwick Estate Agents and Hatty’s Turkish Takeaway and Café.
The property is within close proximity to the city’s main retail areas on St Ann’s Square and The Arndale Centre on Market Street, which are only a few minutes’ walk away.
The immediate area boasts excellent transport links with Victoria, Piccadilly, Oxford Road, and Deansgate Railway Stations within easy reach, as well as being within a short walk of Piccadilly Gardens and St Peter’s Square Metrolink Stations.
Accommodation
As measured on a net internal basis (NIA) in accordance with the RICS Property Measurement 1st Edition: -
Basement - 63.05 sq m (679 sq ft)
Ground Floor - 79.1 sq m (851 sq ft)
First Floor - 56.1 sq m (604 sq ft)
Second Floor - 43.05 sq m (463 sq ft)
Plus Rear enclosed yard measuring 54.8 Sq. M. (590 Sq. Ft.)
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.
RENT - £50,000 per annum
Available from 29th January 2024.
BUSINESS RATES:
Rateable Value (2023 List) - £31,250
Interested parties are advised to make their own enquiries with the local authority regarding rates payable, however Rates Payable are believed to be in the region of £15,XXXa based on a rate of XXX/£ (2023/24)
EPC - D(89)
LEGAL COSTS - The ingoing tenant is to be responsible for the landlord’s reasonable legal fees in preparing the necessary documentation.
VAT - We understand that VAT is not applicable to the rent on this property.