Mercantile House 10 Lapwing Ln
2,750 SF Office Building Manchester M20 2WS $1,204,140 CAD ($437.87 CAD/SF)
EXECUTIVE SUMMARY
A well located Grade II character office building for sale. The existing tenant is secured until 25/3/2026, with a passing rent of £42,500 per annum.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
2,750 SF
Building Class
B
Year Built/Renovated
1903/2006
Price
$1,204,140 CAD
Price Per SF
$437.87 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,375 SF
Building FAR
0.26
Lot Size
0.24 AC
Parking
8 Spaces (3.31 Spaces per 1,000 SF Leased)
1 of 1
CONTACT
-
Andrew Gardiner - Property Advice Suppliers
