Guide price £7,000,000 Manchester Hall 36 Bridge Street, Manchester New Joint Sole Agent Leasehold Investment Yield 15% Yield Share Save Key features Offers to be requested in excess of the guide and prior to 23rd April auction Approx. 57,413 sq ft (A low capital value of £121.92 per a sq ft on guide price) Undergone refurbishment in 2019 Anchor tenant 'Dishoom Limited' occupying at £210,000 p.a. 18 years unexpired A rarely available iconic mixed use building in the heart of Manchester 3 retail units, 8 hotel rooms & office, function & conference rooms. Instant asset management potential to let out the vacant space Investment let £1,059,000 15.12% GIY on guide Part of the property - part vacant Long leasehold Historic & Iconic building located in the heart of Manchester. Retail space at ground floor, 8 Hotel rooms & multiple event & meeting spaces. About this property The property is a Grade II listed building offering accommodation over Sub- Basement, Basement, Ground and Four upper floors. There is also a roof terrace located at the 4th floor. Refurbishment and reconfiguration works were carried out in 2019. The 3rd floor has been sold off on a long lease. The building has been divided to create individual units spread across all floors. The basement and ground floor levels of the property comprise three restaurant / bar units and a vacant office. Two of the units are let, with one unit vacant providing an immediate asset management opportunity. In addition, there are 8 boutique hotel rooms situated within the basement of the building. The upper floors comprise a mixture of event and meeting spaces currently run by a single operator for a mixture of corporate, wedding, and special occasion events. Please refer to accommodation. Local information Prominently situated fronting Bridge Street, a key pedestrian thoroughfare connecting Salford Station and Spinningfields with the traditional CBD and set to benefit from the continued development of Manchester’s Salford district. An approx. 0.3 miles from Salford Station An approx. 0.6 miles from Manchester Victoria Transport Both Salford station and Manchester Victoria offer National rail services Additional information Long leasehold 999 years from 22 June 2015 (Ground rent £1) 3rd floor sold off on a Long lease 150 years from 2015 at (£0 ground rent) The building occupied by Honest Burger has been sold off on a long lease 7977 years from 2023 (£0 ground rent) Contact an agent Nicholson Boyd Savills Auctions +442078249039 Contact now Request details Download PDF brochure