Retail - To rent - 46 Cross Street - Manchester
The property comprises of a ground floor retail unit which has been partially stripped back to a shell in readiness for the ingoing tenants fit out.
Above is a mezzanine area which has previously been used as offices and staff/store rooms.
The building also has the benefit of air conditioning units.
The property is situated on Cross Street and is relatively close to the prime retailing core, which takes place around St Ann’s Square and nearby King Street, which is the most prominent retail pitch in the city. Cross Street has long been an established route between the two prime retail locations of King Street and Market Street and therefore boasts impressive pedestrian flows especially at peak times.
Nearby occupiers to the subject premises include Lloyds TSB, Alliance & Leicester, Cheltenham & Gloucester, Timpson and The Britannia Building Society.
The premises are held by way of an overriding effectively full repairing and insuring lease from 29 September 1991 until 28 September 2016 at a rent passing of £67,000 per annum.
Our client’s leasehold interest is available at a nil premium.
We have been verbally informed that the premises are currently entered into the Valuation List at RV £68,500 from 1st April 2010. The current Uniform Business rate for 2012/2013 is at £0.458.
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