Unit C, Central Park Maddison Place Manchester M40 5BP

Unit C, Central Park
Maddison Place
Manchester
M40 5BP

Modern Office Investment

  • Entirely let to The Central Manchester University Hospital’s NHS Foundation Trust until 2025 (no breaks)
  • Modern unit in prestigious business park location
  • Nearby occupiers include Fujitsu and Greater Manchester Police Force
  • Approximately 5 minutes from Manchester city centre on the Metrolink
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    15
  • Auction
    10th December 2015
  • Rent
    £110,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,350,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of a Real Estate Investment Fund
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Modern Office Investment

  • Entirely let to The Central Manchester University Hospital’s NHS Foundation Trust until 2025 (no breaks)
  • Modern unit in prestigious business park location
  • Nearby occupiers include Fujitsu and Greater Manchester Police Force
  • Approximately 5 minutes from Manchester city centre on the Metrolink
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 15
  • Auction 10th December 2015
  • Rent
  • Status Sold
  • Price £1,350,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of a Real Estate Investment Fund

Property Information

Situation

The property is located within the prestigious Madison Place Business Park, 3 miles north-east of Manchester and just off Oldham Road (A62), the main arterial route from the M40 (Junction 22) into the north of the city. Madison Place forms part of the 700,000 sq ft Central Park development scheme, which benefits from a dedicated public transport interchange from the Central Park
Metrolink. Other occupiers within the Park include Fuijitsu and Greater Manchester Police Force.

Tenure

Long Leasehold. Held for a term of 250 years less 10 days from 21st June 2007 until June 2257 at a peppercorn rent.

Situation

The property is located within the prestigious Madison Place Business Park, 3 miles north-east of Manchester and just off Oldham Road (A62), the main arterial route from the M40 (Junction 22) into the north of the city. Madison Place forms part of the 700,000 sq ft Central Park development scheme, which benefits from a dedicated public transport interchange from the Central Park
Metrolink. Other occupiers within the Park include Fuijitsu and Greater Manchester Police Force.

Tenure

Long Leasehold. Held for a term of 250 years less 10 days from 21st June 2007 until June 2257 at a peppercorn rent.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern, detached two storey office building, completed to a high specification including air conditioning, raised flooring, suspended ceilings, shower facilities and a double height reception area. The property also benefits from a dedicated service yard and car parking for approximately 22 cars. Madison Place Business Park, in which the property is located, benefits from 24/7 on-site security and CCTV.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First
Office
Office
339.5 sq m
341.8 sq m
(3,654 sq ft)
(3,679 sq ft)
CENTRAL MANCHESTER
UNIVERSITY HOSPITAL’S NHS
FOUNDATION TRUST (1)
10 years from 29/09/2015 on a full
repairing and insuring lease
£110,000 29/09/2020
Totals  
681.3 sq m
(7,333 sq ft)
    £110,000

(1) The Central Manchester University Hospital NHS Foundation Trust is the leading provider of tertiary and specialist healthcare services in Manchester, treating more than a million patients every year. (Source: www.cmft.nhs.uk 12/11/2015)

Property Documents

  • Site Plan
    Updated Date
    17.11.15
    File Size
    45 KB
    View PDF
  • Catalogue Page
    Updated Date
    17.11.15
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DWF LLP Bridgewater Place, water Lane
Leeds
LS11 5DY
Jim Speed 0113 261 6173jim.speed@dwf.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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