Jackson Criss have been instructed to sell this prime freehold reversionary city centre block in Manchester and have pleasure in setting out the summary details below:-

• Manchester is the largest financial and business centre outside of London and is regarded as the capital of the north
• Greater Manchester GDP of c £90 billion makes it the largest urban economy in the UK outside of London
• Consistently one of the best PMA centres, ranked 2nd of the top 200 PROMIS centres based on its PMA fashion store and 3rd on its consumer population.
• The property is located in one of the busiest retail thoroughfare’s in Manchester, with an average daily footfall in excess of 100,000 people
• Freehold
• Let to the national covenants of Boots, McDonalds and Wingstop UK
• Well configured retail accommodation, totalling 19,958 sq ft (1,855 sq m)
• WAULT of c 8.5 years to expiry

Our client is seeking offers in excess of £8,300,000 (Eight Million Three Hundred Thousand Pounds) subject to contract for the benefit of the freehold interest in the subject property. The price reflects a net initial yield of 6.78%, on the current income and a reversionary yield of 7.75%,net of standard purchasers’ cost of 6.67%.The price reflects a low capital value of £416 psf.