Purpose built by the current owners in 1998 for their own occupation and now available for the first time, 500 Styal Road offers an excellent opportunity for an owner-occupier or investor seeking an imposing read more...
Purpose built by the current owners in 1998 for their own occupation and now available for the first time, 500 Styal Road offers an excellent opportunity for an owner-occupier or investor seeking an imposing read more...
Location
Features
Availability
| Suite | Size (Sq ft) | Fitted | Furnished | Parking |
|---|---|---|---|---|
| Whole Building | 6,090 | Y | N | 29 |
Purpose built by the current owners in 1998 for their own occupation and now available for the first time, 500 Styal Road offers an excellent opportunity for an owner-occupier or investor seeking an imposing well-maintained and managed commercial property standing in its own secure landscaped grounds with gated access.
500 Styal Road comprises 6,090 sq ft of office space over ground, first, and second floors with 29 car parking spaces.
Situated on a prominent junction of Styal Road and Ringway Road, the property enjoys excellent profile with permission in place for external signage (STP).
The property is part income producing with the ground floor occupied by two tenants as below. Full details are available on request but, in summary:
| Area | Income | Expiry | Break Date |
|---|---|---|---|
| 1,825 sq ft | £32,756 pa | December 2028 | December 2026 |
| 672 sq ft | £13,200 pa | March 2027 | N/A |
The first floor is fully vacant and comprises 2,731 sq ft. Additional space is available on the 2nd floor and the building also benefits from a well proportioned reception area. Within 3 years, therefore, there is the ability for a new owner to have full vacant possession of the property if required.
The office space is of a good specification with sealed double glazing (low noise), mechanical ventilation for fresh air, and heating / cooling cassettes. It continues to be well maintained and the current owners have refreshed or replaced units where necessary.
In addition, the large car park was resurfaced in 2020 so creates an excellent first impression. Gates to the site are electrically controlled with fob access or can be left open on a timer for easy entry during office hours.
We are selling the residue of the long leasehold interest which is 126 years from 1st July 1997 at a peppercorn rent. The freehold is owned by Manchester City Council who have indicated that there will be the possibility of extending the lease.
This is an excellent opportunity to buy a very well built and maintained office with excellent parking close to Manchester Airport. The A555 Manchester Airport Relief Road allows for quick access to the M56, A34 and A6 for excellent links around South Manchester. For public transport, Heald Green Railway Station is 0.6 miles away whilst Shadowmoss Metrolink Sation is 0.7 miles.
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