MANCHESTER - BRITANNIC BUILDINGS, 42-46 VICTORIA STREET

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RARE OPPORTUNITY TO ACQUIRE A LANDMARK RETAIL/RESIDENTIAL PROPERTY INVESTMENT

A highly prominent gateway site in a unique corner location in an area of the city which has witnessed significant redevelopment in recent times.

  • The property comprises a Victorian period five storey character building arranged to provide a 398 sq ft retail unit at ground floor, with 353 sq ft ancillary space at basement level.
  • Upper floors provide residential accommodation and have been sold off on a long leasehold basis.
  • A Lease to Hanging Ditch Wine Merchants Limited, who have traded from the property since 2008.
  • Recent lease renewal delivered a 38% rental increase.
  • RPI linked rent reviews in 2023 and 2027 providing guaranteed rental growth.
  • The property is held long leasehold.
  • The lease has an unexpired term of approximately 9.75 years.
  • Offers in excess of £500,000

Download brochure here

Contact Robert Millington or Josh Moores for further information