Palatine Road, Manchester, LAN

The property comprises a three storey building of concrete frame construction with red brickwork elevations.
The property is located fronting onto Palatine Road, which continues onto Wythenshawe Road and has direct access onto the A5103 Princess Way. It is situated approximately 2.2 miles from Gatley Railway Station.

Sale Notes:
The available investment opportunity comprises a detached office building set on ground plus two upper floors with accommodation extending to approximately 12,647 sq ft. The entire property is let to Reuters Ltd for a term of 25 years without break from 15th May 1987 and is on a full repairing and insuring terms. The passing rent is £170,000 per annum, representing £12.62 psf allowing £400 pa per car space.
The property is held freehold and is available to purchase for offers of £1,995,000. The property has been registered for VAT and therefore VAT will be payable on the sale.