Rare freehold retail and office opportunity
Vacant possession
Offers over £2,000,000
Arranged over basement, ground and 3 upper floors
Total NIA 10,033 sq ft
Attractive Grade II* listed building
Suitable for a variety of uses
Prime Manchester city centre location
Situated in the heart of the retail and leisure district
Please see brochure for full details
LOCATION & DESCRIPTION:
Prime Manchester city centre location in the heart of the retail and leisure district.
Attractive Grade II listed bank and former office building extending to 10,033 sq ft NIA, across basement, ground and 3 upper floors.
Suitable for a variety of uses, including retail, leisure, offices, or a full redevelopment opportunity (STP).
Freehold available with vacant possession.
The property occupies a very prominent corner on the south eastern side of St Ann's Square and is comprised of two buildings, the former Banking Hall and The Old Bank House which is directly adjacent. The Bank Hall was formerly occupied by RBS is comprised over 3 levels and boasts a return frontage onto St Ann's Square. The Bank House was last occupied by private banking and remains partially fitted.
This property is configured over basement, ground, and 3 upper floors. Both units could be amalgamated at basement and ground floor levels.
FLOOR AREA:
Bank Hall
Ground Floor 2,732 sq ft
First Floor 991 sq ft
Basement 1,256 sq ft
TOTAL 4,979 sq ft
Old Bank House
Ground Floor 1,134 sq ft
First Floor 656 sq ft
Second Floor 1,837 sq ft
Third Floor 1,186 sq ft
Basement 241 sq ft
TOTAL 5,054 sq ft
TENURE:
Freehold interest with the benefit of full vacant possession following completion of the seller's works.
PROPOSAL:
Offers sought in excess of £2,000,000 (TWO MILLION POUNDS) reflecting a low capital value of £199 per sq ft.
EPC:
Available on request
LEGAL COSTS:
Each Party is to be responsible for their own legal and professional costs incurred in this transaction
VAT:
The property is not elected for VAT therefore there will be no VAT on the purchase.
ANTI-MONEY LAUNDERING REGULATIONS
In accordance with the Anti-Money Laundering (AML) Regulations, the purchaser/occupier will be required to satisfy the vendor and their agents regarding the source of the funds used to complete the transaction.
