National Friendly have completed the purchase of a modern office investment in central Manchester.
Giant’s Basin, Potato Wharf, Castlefield comprises 10,200 sq. ft. of offices arranged on ground and 3 upper floors and 22 car spaces. The property is fully let to four tenants at a total rent of £171,000 per annum exclusive.
The purchase price of £2,765,000 reflected an equivalent yield of 6%.
Mellersh & Harding acted for National Friendly and Zaman Roberts acted for the vendor.
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