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Agent's details

Property agent
Daniel Barnes

50 Kansas Avenue, Baltimore House

For sale: £1,400,000.00|12,244 Sq Ft|Office, Offices

Property details

FOR SALE£1,400,000.00
SIZE12,244 Sq Ft
ADDRESS50 Kansas Avenue, Baltimore House, 50 Kansas Avenue, Salford, M50 2GL
TYPEOffice, Offices
TENUREFor Sale Leasehold
POSTED ON23rd November 2022

Description

Key Points

  • Close proximity to Media City & good transport connections
  • Suitable for alternative uses subject to relevant permissions
  • Secured dedicated car park providing 48 car parking spaces
  • Self-contained unit
  • Perimeter gas fired central heating
  • Air conditioning
  • Summary

    A self-contained 12,250 sq ft office building arranged over two floors within close proximity of Media City with refurbishment potential.

    Description

    50 Kansas Avenue is a self-contained office building within close proximity to MediaCityUK and Salford Quays.

    Internally the building is in need of modernisation but offers the opportunity for an owner occupier to purchase a long leasehold unit. The premises may be suitable for alternative use subject to the relevant permissions.

    The building equates to 12,250 sq ft and benefits from 48 car parking spaces.

    Location

    Kansas Avenue is within close proximity to the Broadway Metrolink and is a 10 minute walk to the centre of Media City.

    Tenure

    Long Leasehold Interest (Title No: GM451488) on a 99 year lease, with a lease commencement date of 24th June 1983.

    Price

    £1,400,000 which represents a low capital value of £114 per sq ft.

    Ground Rent

    Ground rent is payable and is circa £4,424 pa subject to 5 yearly reviews

    VAT

    The building is elected for VAT.

    Business Rates

    We understand the rateable value to be £59,000 making the amount payable of £30,208. Interested parties are advised to make their own enquiries to the local authority.

    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.

    Location

    marker
    Location: 50 Kansas Avenue, Baltimore House, 50 Kansas Avenue, Salford, M50 2GL

    Manchester United FC Halt (1.2 miles)

    Salford Crescent (1.2 miles)

    Eccles (1.5 miles)

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