Grosvenor Mill Business Centre, Grosvenor Street, Ashton-Under-Lyne, Greater Manchester
£40.69 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
58,976 sq ft
5,479 sq m
- SECTOR
Commercial property for sale
Key features
- Multi-Let Business Centre
- High Yielding & Reversionary
Description
High yielding, mixed use and multi-let business centre, with potential to improve the income and/or redevelop (subject to planning).
Located in Ashton-under-Lyme a densely populated area which benefits from close proximity to Manchester City Centre.
Strong Connectivity being only 1 mile to Junction 23 of the M60 Manchester Outer Ring Road.
The property is not listed and provides a total rentable building area of approximately 69,902 sq. ft.
Let to 23 individual businesses with an occupancy rate of 100%
Grosvenor Business Centre generates a gross annual income of £283,929 per annum.
Strong reversion potential with an Estimated Rental Value of approximately £356,569 per annum.
Site area 1.892 acres (0.766 hectares)
Asset management opportunities include lease re-gears; development of further workshop space in the yard and the future redevelopment potential of the entire site - subject to obtaining the necessary planning consent.
Freehold
Brochures
Grosvenor Mill Business Centre, Grosvenor Street, Ashton-Under-Lyne, Greater Manchester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Guide Bridge Station0.5 miles
- Ashton-under-Lyne Station0.9 miles
- Audenshaw Tram Stop1.1 miles
About Roger Hannah Ltd, Manchester
Century Buildings 14 St. Marys Parsonage Manchester M3 2DF
Roger Hannah is a leading North West based firm of Chartered Surveyors and Property Managers located in the heart of Manchester City Centre. We provide comprehensive property expertise from our 50 strong team providing advice on all property matters across the North West and nationwide.
With excellent Regional and National knowledge, industry contacts and a highly qualified and professional team, Roger Hannah has grown to be a successful and dynamic firm of Chartered Surveyors & Propert
Notes
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