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Church House 90 Deansgate

76,654 SF 100% Leased Office Building Manchester M3 2GH $15,760,737 CAD ($206 CAD/SF) 4.25% Cap Rate

Investment Highlights

  • Prominent Location
  • Good Transport Links
  • Close to local amenities

Executive Summary

The property is held on a virtual freehold basis on 2 leases as follows:
A. 999 years from March 1909 - £1,100pa fixed for duration of the term
B. 999 years from March 1909 - £740pa fixed for duration of the term

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
76,654 SF
Building Class
B
Year Built/Renovated
1911/2003
Price
$15,760,737 CAD
Price Per SF
$206 CAD
Cap Rate
4.25%
NOI
$669,360 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
12,776 SF
Building FAR
0.95
Land Acres
1.85 AC

Amenities

  • Bus Line
  • Accent Lighting
  • Air Conditioning
  • Listing ID: 33914176

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 90 Deansgate, Manchester M3 2GH

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