Auction Property Details

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

Lot 12 - 02.06.2016

SOLD £80,000

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

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.

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.