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Turing House 5 Archway 35,283 sq ft 85% Let Office Property Manchester M15 5RL £6,000,000 (£170.05/sq ft) 9.25% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • High profile frontage directly on to Princess Parkway (A5103) the main arterial route between the city centre and the region’s motorway network.
  • The location benefits from Greater Manchester’s impressive connectivity, with 7 million people within a one-hour drive.
  • Birley Fields is located within Manchester’s innovation and education district, near Manchester Metropolitan University.

EXECUTIVE SUMMARY

Long leasehold interest for 125 years from 25 May 2000, the ground rent is 9% of the rent passing currently £47,808 per annum. The freeholder is Manchester City Council.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Property Size
35,283 sq ft
Costar Property Class
B
Year Built
2004
Price
£6,000,000
Price per sq ft
£170.05
Yield
9.25%
NOI
£555,000
Occupancy Rate
85%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
11,761 sq ft
Plot ratio
0.37
Total Plot Size
2.18 ac
Parking
142 Spaces (4.02 Spaces per 1,000 sq ft Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Property Manager on Site
  • Raised Floor
  • Security System
  • Signage
  • Kitchen
  • Accent Lighting
  • Atrium
  • Bicycle Storage
  • Reception
  • Secure Storage
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning
  • Fiber Optic Internet

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 3
  • 772 sq ft
  • Office
  • Partial Fit-Out
  • Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

  • 2nd Fl-Ste 3&4
  • 1,865 sq ft
  • Office
  • Partial Fit-Out
  • Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

  • 2nd Fl-Ste 4
  • 1,093 sq ft
  • Office
  • Partial Fit-Out
  • Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

  • 2nd Fl-Ste 5
  • 1,400 sq ft
  • Office
  • Partial Fit-Out
  • Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

Space Size Space Use Condition Available
2nd Fl-Ste 3 772 sq ft Office Partial Fit-Out Now
2nd Fl-Ste 3&4 1,865 sq ft Office Partial Fit-Out Now
2nd Fl-Ste 4 1,093 sq ft Office Partial Fit-Out Now
2nd Fl-Ste 5 1,400 sq ft Office Partial Fit-Out Now

2nd Fl-Ste 3

Size
772 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste 3&4

Size
1,865 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste 4

Size
1,093 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste 5

Size
1,400 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

2nd Fl-Ste 3

Size 772 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

2nd Fl-Ste 3&4

Size 1,865 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

2nd Fl-Ste 4

Size 1,093 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

2nd Fl-Ste 5

Size 1,400 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

The space comprises open office space with raised floors, lift access, a kitchen, wi-fi, and other amenities.

  • Listing ID: 35875821

  • Date on Market: 15/05/2025

  • Last Updated:

  • Address: 5 Archway, Manchester M15 5RL

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