Auction Property Details

10 X Parking Spaces At Skyline Chambers 5 Ludgate Hill, Manchester, M4 4TG

Lot 12 - 02.06.2016

SOLD £80,000

WHY BUY?
Secure parking
Current rent £8,400pa
Rolling month by month contracts
Close to the Arndale shopping centre

DESCRIPTION
Spaces 35 - 44 in the Skyline Chambers on Ludgate Hill. These spaces are all currently let on monthly contracts from £65 - £80 per space per month, giving a total annual income currently at £8,400pa, but with the potential to increase to £9,600pa. There is also the potential for any purchaser to sell off the spaces individually or on smaller packs with interested tenants within Skyline Chambers.

LOCATION
The building is less than half a mile from The Printworks, Arndale Centre and Manchester Victoria Train Station on the North side of Manchester City Centre. 

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.