7-9 Piccadilly, Manchester, M1
- Manchester was recently ranked as the 3rd best city in the world and the best city in Europe for business. 
- The City has a primary retail catchment of over 7.2 million and a £78.7 billion economy. 
- Prime Major City retail investment opportunity, with planning consent for redevelopment upside to enhance returns. 
- Located on one of the busiest retail pitches in the UK, with an average daily footfall of in excess of 100,000 people. 
- The existing building totals 25,367 sq ft NIA 
- Principally (83%) long let to Superdrug Stores Plc on a regeared lease until September 2032. 
- Superdrug Stores Plc is the second largest health and beauty retailer in the United Kingdom and as a covenant has the very strongest Dun & Bradstreet score of 5A1. 
- Total passing rent of £630,000 per annum. 
- WAULT – 8.9 years (7.6 years including break). 
- Planning granted for partial demolition of the upper floors to provide a six-storey office scheme, including a roof terrace above the retained commercial units. 
- Further development upside in the upper parts with strong hotel conversion potential. 
- Freehold. 
Contact
Please contact us for further information regarding any of the acquisitions on our site.
Jamie Baruch
07889 085 112
jamiebaruch@tydusre.com
Will Elphinstone
07876 131 346
willelphinstone@tydusre.com
Freddie Dade
0792 932 1709
freddiedade@tydusre.com
 
                        