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THIS PROPERTY IS NO LONGER AVAILABLE

Commercial Building For Auction
Albert Street / Peel Street, Eccles, Manchester, M30

£9,500,000
Starting Bid
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester
  • Property at Albert Street / Peel Street, Eccles, Manchester

Full Description

View this property on a map 115,000 SQFT office & hotel investment , income circa £780,000 PA.

TO BE SOLD UNDER AUCTION CONDITIONS

REFER TO AUCTION CATALOGUE LOT:

Guide £9,500,000

EPC ratings: Various D,D, F.

*For essential guide price information visit: www.edwardmellor.co.uk

Notice

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You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

Overview

The lot on offer is known as Sentinel House and is a landmark 15 storey office and hotel building in two wings estimated to have been constructed in the 1960s with on site parking for approximately 140 cars. The hotel is perceived to be an ideal base for tourists to travel either north or south, after flying in to Manchester Airport. Eccles is seen as a half-way point between London and Scotland and of course is close to the Salford and Manchester attractions.

Block A

This block comprises office accommodation arranged over ground and 14 upper floors with refurbished and non-refurbished space. The ground and first floor accommodation within Block A is entirely used as a job centre.
GIA circa 52,750 SQFT (4,900 SQM)

Block B

The ground floor of Block B has a self-contained office used as a job centre. The floors above are leased as a hotel with access from the communal reception area. The hotel reception is found by the stairwell and lifts leading to the first and upper floors. There is an entrance lobby on the first floor opening into the lounge/bar area and the hotel reception area with associated WCs. The Second floor lobby and corridor leads to the dining area/restaurant and further WCs.
GIA circa 62,000 SQFT (5,760 SQM)

Rental Income

A full schedule of the tenancies is available within the online legal pack, at time of marketing there are 27 tenants on various agreements plus additional car park agreements. The contracted income is reported as £780, 596 per annum.

Planning

There is considerable potential for conversion of parts to residential accommodation subject to the necessary consents and all interested parties are advised to make their own enquiries directly to the local planning authority: Salford City Council, Salford Civic Centre, Chorley Road, Swinton, Salford, M27 5AW: Telephone 0161 794 4711.

Notes

EPC ratings Ground Floor B Wing: D. Floors 1-11 Milton Hotel: D. Job centre: F. Floor plans are available in the online legal pack. The lined plan is for purpose of identification only- refer to the online legal pack for the title documentation.

Possession

Majority tenanted. Refer to legal pack for schedule.

Viewing

Strictly by appointment only.

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You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.

Floorplan for Albert Street / Peel Street, Eccles, Manchester

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