The property is a newly built and predominantly 7 storey mixed use development of traditional brick construction, with predominantly commercial units to the ground floor and residential apartments above.
The subject of this letting is the aptly named Riverside Unit, which provides well lit and largely open plan commercial space fronting onto the river Irwell. The property is well suited to several potential uses including restaurant, café, office and retail.
The unit is to be let in a shell and core condition ready for an ingoing tenants fit out.
Location
Bridgewater Wharf is Manchester’s latest addition to the residential property market. Welcoming 376 premium apartments to a stunning waterfront location, the launch of Bridgewater Wharf Manchester provides the perfect time and place to invest in a city centre brimming with success and opportunity.
The available Riverside unit provides a stunning and peaceful outlook onto the river Irwell, close to both Salford and Manchester city centre and a short walk from Cornbrook Metrolink.
Manchester is a leading UK city with an undeniable global presence in the sectors of business, industry, education, culture and innovation. Bridgewater Wharf finds itself located in an enviable part of Manchester city centre, nestled between the digital business hubs of MediaCityUK, the trendy bars and restaurants of Deansgate, and the sleek retail and financial district of Spinningfields.
Accommodation
The property has been measured on a Gross Internal Area basis (GIA) basis in accordance with the RICS Property Measurement 1st Edition: -
Ground Floor 217 Sq. M / 2,336 Sq. Ft
Terms
TERM - The premises are available on a new effective FRI (fully repairing and insuring) lease for a minimum of 10 years, subject to 5 yearly upward only rent reviews, and all other terms to be agreed.
SALE - Offers are invited in excess of £500,000 for the long leasehold interest.
The long leasehold interest shall be for 250 years on completion of works at a peppercorn rent and will be subject to a service charge.
RENT - £45,000 per annum
BUSINESS RATES - The property has yet to be assessed for business rates.
EPC RATING - The property will be assessed following tenants fit out works.
VAT - We understand that this property has been elected for VAT.
ANTI-MONEY LAUNDERING REGULATIONS - In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
LEGAL COSTS - Each party are to be responsible for their own costs incurred in this transaction.