40 Spring Gardens, Manchester (deal completed)
The unit is well located on Spring Gardens near to the junction with King Street, in the heart of Manchester City Centre. A number of quality occupiers are located in the immediate vicinity including Brown's, Hervia Bazaar, Trevor Sorbie, Room Restaurant, Pretty Green, Rosso and Jamie's Italian.
The premises are arranged on ground floor and have an approximate net internal area of:
Ground Floor 187.66 sq m 2,020 sq ft
The property is held by way of an effective full repairing and insuring lease for a term expiring on 5th December 2022 (subject to an outstanding rent review on 6th December 2012).
The current rent passing is £64,400 per annum exclusiveBusiness Rates
Rateable Value: £75,000
UBR 2013/14: £0.471
Rates payable 2013/14: £35,325.00
Interested parties are advised to make their own enquiries with the local rating authority on 0161 234 1103.
Strictly by appointment with Richard Lucas Property Consultants Ltd.