Wed, 28 Nov 2012 | COMMERCIAL PROPERTY
A unique commercial property is for sale in Manchester: The former stock exchange on Norfolk Street.
The property is on the market with a guide price of £1.5 million, for which the buyer will gain control of 22,852 sq ft of space. This breaks down at £65 per sq ft of space.
At the moment, the restaurant Stock is housed in the Grade II listed building. There are a total of five floors through the building and basement parking for 11 vehicles. However, the selling agents have said that the site is suitable for refurbishment for a change of function and could easily house a hotel or be converted to residential or office space.
Associate director of national capital markets at property consultants CBRE, Will Kennon, commented: “The Stock Exchange offers major advantages for any potential investor, with a prime location, existing ground floor restaurant and bar facility and stunning architectural features.”
He added: "There are currently strong levels of demand for boutique hotel accommodation within the traditional prime core of Manchester and we believe this asset provides an ideal conversion opportunity.”
Well established and respected business providing a range of dry-cleaning and laundry services for retail and corporate customers. Highly skilled with the ability to take on delicate and difficult cleaning jobs.
An opportunity exists to purchase the business and assets of a communications support services business supporting UK educational institutions.
An appealing 18th-century pub of stone construction under a pitched slate roof. The whole pub has recently been refurbished to a very high standard, with interior design carried out by renowned international Interior Designer Sian Parry-Jones.
LEASEHOLD
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