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.”
The business offers a unique opportunity to invest in a company dedicated to providing exceptional care while promoting independence for young adults.
The business was founded over 15 years ago and is well renowned for their holistic service; delivering a compassionate, reliable and professional service to the variety of Children and Adults they support.
The business provides sought after services to assist NHS Mental Health Trusts and CCGs. Currently clients being supported are living with various diagnoses including; Learning Difficulties, Autism, Schizophrenia and Depression.
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