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Key Points
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.
Manchester United FC Halt (1.2 miles) Salford Crescent (1.2 miles) Eccles (1.5 miles) |
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