Commercial Property in Manchester City Centre available for sale
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Commercial Properties for Sale in Manchester City Centre, Manchester

Explore the Latest Manchester City Centre Commercial Property for Sale

More details for 14 Cateaton St, Manchester - Office for Sale

Mynshulls House - 14 Cateaton St

Manchester, M3 1SQ

  • Office for Sale
  • £1,125,000
  • 3,881 sq ft
  • Security System

Manchester Office for Sale

The subject property occupies a prominent position in Manchester City Centre, at the junction of Cateaton Street, Victoria Street and Deansgate. Manchester Cathedral is adjacent to the north and Manchester’s Arndale Shopping Centre to the east. The properties are adjacent to Havey Nichols and Exchange Square. This is a prime location within walking distance to Victoria Train Station and Exchange Square Tram stop. The property is a short walk to Q Parks, Embankment and Citi Park, Manchester Arena where season tickets are available for parking. For Sale - vacant office and retail / ground rent investment A superb opportunity to acquire an operationally modern, yet externally unique and attractive Grade II listed office building and an income producing retail and residential investment, situated in the heart of Manchester. Mynshull's House: An attractive Grade II listed office arranged over basement, ground and two upper floors offered with vacant possession. The refurbished office accommodation provides a high standard of workspace, offering a mix of open plan and meeting space, with glazed partitions. A Boardroom is located in the basement together with kitchen facilities. The specification includes: VRF Air Conditioning 8 person passenger lift LED lighting Feature glazing to rear Spectacular views of Cathedral Modern offices with good natural light Mynshull’s House is a unique opportunity both in terms of quality and location. The accommodation would suit a range of uses from traditional office uses to beauty and cosmetic clinic, dental surgery or private doctor’s surgery. We believe the estimated rental value of the property to be £35 psf on a fitted basis, which equates to c£80,000 pa. Britannic Buildings: Britannic Buildings comprises an income producing retail unit at ground/ basement level, with residential accommodation above (sold off long leasehold and subject to ground rent). The retail unit is let to Barbers Triangle Ltd, guaranteed by Mancunian Barbers Ltd on a 10 year lease from 18/09/2023 at a current rent of £35,000 pa. There is an upward only rent review and tenant option to break on the 5th anniversary (09/2028) of lease commencement. Self contained residential apartments on the upper floors have been sold off on 200 year leases from 2008 and currently generate £1,000 pa, with 10 yearly upward only rent reviews to RPI (next review 2028). There is a residential management company that covers the repairs and roof of the upper floors. 24/7 Access Meeting Rooms Kitchen Shower City Centre Location Glazed Frontage Mynshull’s House is offered for sale with vacant possession. The property is considered to have an ERV of c£80,000pa (£35 psf). Britannia Buildings, provides an income of £35,000pa from the retail unit and a further £1,000pa from the residential ground rents. The combined passing rent is therefore £36,000pa with the opportunity to progress this to in excess of £116,000 pa on letting the vacant, refurbished office accommodation.

Contact:

Fisher German LLP

Date on Market:

08/04/2026

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More details for 33 Back Piccadilly, Manchester - Retail for Sale

Rat & Pigeon - 33 Back Piccadilly

Manchester, M1 1HP

  • Retail for Sale
  • £885,000
  • 2,628 sq ft
  • Security System

Manchester Retail for Sale

Located in the city of Manchester in the Northern Quarter district of the city, 35.3 miles (56.5 kilometres) east of Liverpool and 44.4 miles (71.0 kilometres) south west of Leeds. The Rat & Pigeon is situated at the intersection between Back Piccadilly and Little Lever Street in centre of the Northern Quarter and a short distance from Piccadilly Gardens. Nearby occupiers includes Piccadilly House (JD Wetherspoon), Popeyes, Five Guys and Pret. Freehold public house investment for sale let until July 2043 at a current rent of £66,950 per annum The property comprises the ground, basement and two upper floors of a three storey corner building with painted brick elevations beneath a pitched roof. Freehold public house investment Entire property let to M1 1HP Ltd Property arranged over four levels: basement, ground, first and second floors Current rent of £66,950 per annum The rent is subject to five yearly open market reviews (from the 10th anniversary) and annual RPI increase with a collar of 1% and a cap of 4% (except in the open market review year) We are instructed to invite offers in excess of £885,000 (7.16% NIY) Lease expires July 2043 Site extending to 0.026 acres Business unaffected by sale Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 50 customers. Ancillary areas include a trade kitchen, customer WC's and stores to the rear. First Floor: The first floor comprises a venue for 65 customers with a bar servery and small lounge. Second Floor: The second floor comprises a games room and a further public bar with seating for 40 customers alongside a band room and WC. Basement: The basement provides a cellar, office and stores. The entire property is let to M1 1HP Ltd on a 20 year lease from 13 July 2023 at a current rent of £66,950 per annum which is subject to five yearly open market reviews (from the 10th anniversary) and annual RPI increase with a collar of 1% and a cap of 4% (except in the open market review year). A rent deposit of £14,646 is held by the landlord.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

30/03/2026

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More details for 156 Chapel St, Salford - Office for Sale

Spectrum - 156 Chapel St

Salford, M3 6BF

  • Retail for Sale
  • £450,000
  • 2,721 sq ft
  • 1 Unit Available
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More details for 51-53 Richmond St, Manchester - Industrial for Sale

51-53 Richmond St

Manchester, M1 3WB

  • Industrial for Sale
  • £675,000
  • 3,343 sq ft
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More details for 2 Canal St, Manchester - Hospitality for Sale

Velvet Hotel - 2 Canal St

Manchester, M1 3HE

  • Hospitality for Sale
  • £9,500,000
  • 25,200 sq ft
  • Restaurant

Manchester Hospitality for Sale

High Quality Boutique Hotel - located close to Piccadilly Station Manchester City Centre location 36 individual en suite letting bedrooms Separate Bar & Brasserie style restaurant Recently refurbished Established business, with strong trading performance The business trades as Velvet Hotel, Bar and Restaurant, operating as a high quality Boutique hotel, with brasserie style restaurant and bar. The current business was first established in 2009. The property is situated fronting Canal Street, close to its junction with Minshull Street, in Manchester City Centre. Richmond Street runs to the rear of the Property. Canal Street forms part of Manchester's Village, which incorporates the areas around Canal Street, bounded by Whitworth Street, Princess Street, Aytoun Street and Bloom Street. The Village is recognised for its vibrant night-time and leisure scene, which for many years has catered to a wide-ranging audience. The Village comprises a variety of mixed-use development, with the primary focus being on bars and restaurants, primarily situated along Canal Street. The cobbled street has limited vehicular access, running parallel to the Rochdale Canal and provides external seating areas, during peak periods, this area is fully utilised as part of the nightlife scene. The surrounding area comprises a mix of uses including commercial, secondary retail and leisure operators. The Malmaison Hotel, Holiday Inn Manchester, Motel One and the Doubletree by Hilton are located nearby. The recently completed Kampus Scheme, located on the opposite side of the canal, has created a mixed-use scheme including 533 residential apartments in 5 buildings, cafes, bars, restaurants, shops and commercial space. Piccadilly railway station and Charlton Street Coach Station are within a short walk of the Property. The basement restaurant is accessed via an entrance to the right side of the building, via a flight of steps leading down from Canal Street. The Restaurant operates as Velvet Restaurant, offering a modern brasserie style fit out, having been refurbished in 2019. The accommodation comprises a seating area to the front, providing approximately 80 covers, with a timber bar servery to the rear and customer WCs and lift lobby to the left side. Screened off to the rear of the bar servery is a fully equipped commercial catering kitchen, together with ancillary dry store and staffroom. The accommodation is well appointed, comprising a mix of tiled and timber flooring, papered and painted brick walls and exposed beam and plaster ceiling finishes. The ground floor bar area is accessed via a separate entrance from Canal Street, located to the left side of the building, via a small flight of steps. A small entrance lobby provides access into the main lounge bar, with split level seating area to the front and a central timber bar servery to the rear. Customer WCs are located to the rear of the bar. To the rear of the lounge bar is a lobby providing access to the beer cellar and stores, together with double doors leading onto Richmond Street. The accommodation is well appointed and finished in a contemporary style, with carpeted and timber flooring, painted plasterwork walls and ceilings. The restaurant and bar effectively comprise two separate trading areas, although internal access is provided between the two floors via a spiral staircase to the rear right corner of each floor. The 'Boutique Style' Hotel has been developed to a 4-star standard, with each room being individually finished. All of the rooms have a high-end design lead specification in keeping with the bar and restaurant, having bespoke furnishings and fittings to each room, enabling the Property to effectively compete with other boutique hotels in the city centre. The original four upper floors were converted to a boutique hotel in 2008, comprising 19 double en-suite bedrooms, including, 3 'Balcony King Rooms', the latter of which are situated at the front of the Property, with the balcony overlooking Canal Street, 3 duplex suites known as 'Penthouse King Rooms' developed within the roof void, having a bed deck at mezzanine level. The adjoining building was acquired in 2021 allowing the creation of a further mix of 'Velvet King Rooms', signature suites and 3 bespoke luxury suites including The Velvet Suite. The original bedrooms were also refurbished with the addition of new bathrooms in 2022. All of the bedrooms are fully air conditioned, incorporate a minibar and have free Wi-Fi and a digital flat screen TV. The split-level penthouse suites are equipped with a dining table, sofas and a staircase leading up to a 'bedroom space'. Two separate hotel entrances are provided; one fronting Canal Street, which leads to the hotel reception, and office and a rear entrance to Richmond Street. The rear entrance is also utilised to provide disabled access and there is lift access and a fire escape staircase between the basement, ground and upper floors. A central staircase provides access between each of the upper floors of the building. There is a linen store on each floor. The building fully occupies the available site area and there are no external areas to the Properties. There are five car parking spaces provided within the ground floor of No.3 Canal Street, accessed off Richmond Street. Manchester City Council has granted Velvet a licence to place tables and chairs externally on the cobbled areas and carriageway on Canal Street (as per the other licenced units fronting the street). The licence stipulates that the overall area to be occupied is to be a maximum of 15 metres long and 4.6 metres wide (69 sq. M overall). We understand that mains electricity, water and drainage are available to the Property, although we have not made any enquiries of the respective service supply companies. We understand that the Property is heated by gas central heating boilers and has air conditioning throughout. Buyers should make their own enquiries regarding the services and plant. The basement and upper floors of the hotel (No.2) are served by a passenger lift with a capacity of 440kg/ 5 persons. No.3 also has a passenger lift serving basement and all upper floors. The business comprises an established "Boutique" hotel, bar and restaurant. The restaurant is understood to have been trading on site since 1996, with the upper floor bar opening in 2005. The hotel officially opened on 1 April 2009, following an initial 'soft opening'. The most recent extension and refurbishment was completed in 2022. The hotel has evolved over the years and operates as a high end boutique-style establishment, trading at effectively a 4-star level, focusing on high levels of service, design-led fit out and style. The hotel and bar trade as Velvet, together with the restaurant as a single operational entity. The business rates are payable to Manchester City Council. We understand that the rateable value for the year commencing 1st April 2023 to present is - £78,000. Offers are invited for the freehold interest in the property which is being sold by way of an asset sale of a full service going concern hotel business. The business operates with the benefit of a premises licence.

Contacts:

Graham & Sibbald

Knight Frank LLP

Property Subtype:

Hotel

Date on Market:

03/07/2025

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More details for High St, Manchester - Retail for Sale

Turner Street - High St

Manchester, M4 1EA

  • Retail for Sale
  • £3,500,000
  • 10,248 sq ft
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More details for 51-53 Ducie St, Manchester - Light Industrial for Sale

51-53 Ducie St

Manchester, M1 2JQ

  • Light Industrial for Sale
  • Price Upon Request
  • 2,077 sq ft
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More details for 32 Quay St, Salford - Build-to-Rent for Sale

Affinity Living Riverside - 32 Quay St

Salford, M3 5FZ

  • Retail for Sale
  • £770,000
  • 2,818 sq ft
  • 1 Unit Available
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FAQs about Commercial Properties For Sale in Manchester City Centre

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How many Commercial Property listings are available for sale in Manchester City Centre?
There are currently 11 Commercial Properties available for sale near Manchester City Centre. These Manchester City Centre Commercial Property listings have an average size of 9,769 sq ft. The largest available listing in Manchester City Centre is 31,634 sq ft. The thriving commercial centre and excellent transport links in Manchester City Centre make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Manchester City Centre?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Manchester City Centre currently range from £70 to £276 per square foot. While the average net initial yield for Commercial Properties is 8.00%.
What other types of commercial property are available for sale in Manchester City Centre?
There is a diverse range of commercial properties available in Manchester City Centre to suit various business needs. Manchester City Centre offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 11 Manchester City Centre commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Manchester City Centre, Manchester

Market Overview for Commercial Properties in Manchester City Centre

Key information for Commercial Properties investors in Manchester City Centre and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Manchester £149 21,375 sq ft
Salford £182 3,039 sq ft
Swinton £272 323 sq ft
Denton £29 9,104 sq ft
Ashton Under Lyne £117 8,885 sq ft

Rental Price Trends in Manchester City Centre

The price per square foot range for Commercial Properties in Manchester City Centre and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Manchester £29 £149 £547
Salford £84 £182 £277
Swinton £272 £272 £272
Denton £29 £29 £29
Ashton Under Lyne £42 £117 £148

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Manchester City Centre area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Manchester 186 sq ft 21,375 sq ft 179,174 sq ft
Salford 186 sq ft 3,039 sq ft 12,244 sq ft
Swinton 323 sq ft 323 sq ft 323 sq ft
Denton 2,568 sq ft 9,104 sq ft 15,639 sq ft
Ashton Under Lyne 448 sq ft 8,885 sq ft 30,265 sq ft

You searched for commercial property for sale in Manchester City Centre. Explore 11 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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