Accommodation Tenancy Schedule
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RICHMOND HOUSE 15 BLOOM ST MANCHESTER M1 3HZ A BUILDING OF PERMANENCE AND RICHMOND VALUE IN THE HEART OF MANCHESTER’S HOUSE VIBRANT CITY CENTRE AMAZING AMENITIES OVERVIEW NET INTERNAL 15,694 SQFT MANCHESTER VIBRANT DEVELOPMENT LOCATION POTENTIAL LOCATION Richmond House is an attractive, historic 5 BUILDING HIGHLIGHTS storey period building with additional lower AMENITIES ground accommodation originally built in 1886. • Freehold & not a listed building GALLERY The property has striking Victorian architecture • Prime location in an extremely vibrant area of with a stunning brick and stone façade and the city VIRTUAL TOUR complimentary feature archway over the front entrance to the offices. The property shares a • Sits within ‘The Village’ close to a wide range of ACCOMMODATION/ grand history, being constructed at the same time bars & restaurants TENANCY SCHEDULE as London’s Tower bridge and when the Statue of Liberty was being transported to New York City. • Fast developing area of business and residential OPPORTUNITY The property has a bar at lower ground floor level • Close to Piccadilly Gardens, Piccadilly Train ENQUIRIES (accessed from dedicated entrance on Bloom St), Station and a short distance from Metrolink a restaurant on the ground floor (accessed from dedicated entrance on Richmond St) and fully • All city centre amenities including retail and refurbished character offices on the upper floors. hotels within close proximity. The offices have been fully refurbished to a high • Surrounded by numerous car parking options standard including new glass entrance doors, a brand new roof, character reception area with • Fully refurbished and a new roof quality finishes including a sweeping staircase and parquet flooring, lift to all floors and new WC’s and kitchens provided on each floor. AN ATTRACTIVE INCREDIBLE INVESTMENT TAKE THE TOUR TRANSPORT OPPORTUNITY LINKS The offices comprise 7 high quality office suites all FREEHOLD with a fantastic finish and a character/creative feel. INVESTMENT FREEHOLD 2 MANCHESTER’S BILLION RICHMOND HOUSE POUND PROPERTY BOOM OVERVIEW You only have to gaze out over Manchester’s morphing skyline from one of the high-end bars, such as Cloud 23 or 20 Stories, MANCHESTER to see what’s happening in the city; global investment on a grand scale is developing Manchester into the UK’s fastest LOCATION growing city. AMENITIES This is the place to be. GALLERY Everywhere you look there is a new apartment block, swanky new VIRTUAL TOUR office space or a innovative new hotel. Whether it’s Manchester’s very own entrepreneurs, or overseas consortiums making ACCOMMODATION/ TENANCY SCHEDULE investment, everyone’s getting involved. OPPORTUNITY This large scale investment is driving up the value of city centre space on a scale never seen before in Manchester as it becomes ENQUIRIES the UK’s New York City. Manchester has it all. The city’s incredible culture, history, bars, restaurants and football clubs, fused together with it’s centrifugal transport links make it the one of the most exciting places to live and work in the country, if not the world. With the development of Piccadilly East, St John’s and the new HS2 Railway, its only going to get bigger and better. TAKE THE TOUR The place to invest is Manchester, and the time to invest is now. 3 THE MOST ENERGETIC RICHMOND AND FAST DEVELOPING HOUSE AREA OF THE CITY OVERVIEW Richmond House is situated on the south west side of Bloom MANCHESTER Street in the heart of Manchester’s dynamic and evolving city centre. LOCATION It sits in the ‘TheVillage’ a hugely vibrant area of the city with a wide range AMENITIES of historic buildings and an abundance of trendy bars & restaurants. GALLERY The property is surrounded by an abundance of transport links. VIRTUAL TOUR Piccadilly and Oxford Road Train Station’s are short walk away and even closer is Piccadilly Gardens Metrolink. Directly opposite is a ACCOMMODATION/ multi-story car park with 2 more car parks just around the corner. TENANCY SCHEDULE Whether travelling to London, Paris or Manchester’s leafy suburbs, all OPPORTUNITY options are available. ENQUIRIES All the city’s incredible amenities are on the doorstep including upmarket hotels and city centre retail, with Market Street and The Arndale Shopping Centre just a short walk away. The location is fast developing including the property next door at 14 Chorlton St which has been converted into 10 luxury apartments. Other significant developments underway within close proximity include 40 Chorlton St – a 41 bed apart hotel and 55 Portland St - a 17 storey, 329 bed new build hotel. TAKE THE TOUR The recent Manchester New Square development is within close proximity on the corner of Whitworth St/Princess St comprising three blocks of 15, 14, and 12 storeys, delivering 351 apartments. 4 ARNDALE A BRITISH CITY MARKET STREET RICHMOND 26 NORTHERN QUARTER THAT’S MORE 25 HOUSE 24 LONDON THAN, 23 22 30 28 OVERVIEW 21 PICCADILLY GARDENS 27 TOWN HALL LONDON. MANCHESTER ART GALLERY 29 MANCHESTER BRITANNIA HOTEL MANCHESTER LIBRARY LOCATION 19 ST PETER’S SQ MIDLAND 18 THE VILLAGE HOTEL CHINA TOWN 1 2 20 6 17 AMENITIES 4 3 5 9 MAL MAISON HOTEL 8 PALACE THEATRE 7 11 10 PICCADILLY GALLERY 12 SACKVILLE GARDENS 13 14 15 16 PICCADILLY VIRTUAL TOUR 6 PICCADILLY STATION OXFORD RD ACCOMMODATION/ TENANCY SCHEDULE 6 PICCADILLY METROLINK OPPORTUNITY 1. NCP Car Park Chorlton Street 11. New York New York 21. Greggs 2. Bloom Street Car Park 12. G-A-Y Manchester 22. Tesco Express ENQUIRIES 6 PICCADILLY GARDENS METROLINK 3. NCP Car Park Sackville Street 13. The New Union 23. M&S 4. The Goose 14. Alan Turing Memorial 24. Primark 5. EVA & Lounge 15. Tribeca 25. Burger King 6. The Thompsons Arms 16. Esquires Coffee 26. Cafe Nero 7 ST PETERS SQUARE METROLINK 7. Club Tropicana 17. Churchills 27. Grill on New York Street 8. Via Manchester 18. Yuzu 28. The Alchemist 8 OXFORD ROAD STATION 9. Bar Pop 19. New Yorker Diner 29. St James Tower 10. Village Fish & Chip Shop 20. Red Chilli 30. Pizza Express 9 MANCHESTER ARNDALE TAKE THE TOUR MINS 5 RICHMOND HOUSE OVERVIEW MANCHESTER LOCATION AMENITIES GALLERY VIRTUAL TOUR ACCOMMODATION/ TENANCY SCHEDULE OPPORTUNITY ENQUIRIES TAKE THE TOUR 6 GO INSIDE WITH MATTERPORT IMMERSE YOURSELF IN OUR VIRTUAL TOUR RICHMOND HOUSE OVERVIEW MANCHESTER FORTH FLOOR › LOCATION AMENITIES GALLERY THIRD FLOOR FRONT › THIRD FLOOR REAR › VIRTUAL TOUR ACCOMMODATION/ TENANCY SCHEDULE SECOND FLOOR FRONT › SECOND FLOOR REAR › OPPORTUNITY ENQUIRIES FIRST FLOOR FRONT › FIRST FLOOR REAR › LOBBY › GROUND FLOOR › TAKE THE TOUR LOWER GROUND FLOOR › 7 ACCOMMODATION TENANCY SCHEDULE RICHMOND HOUSE Net Term Internal Other Demise Occupier From To Next break Review Passing Rent ERV Demise NIA (Sqft) (Yrs) Floor area comments (Sqft) OVERVIEW Eagle Bar Lower 22/12/2009 20/10/2021 11 22/12/2018 £39,551 2,712 £40,680 ERV based on £15/sqft Lower Ground 2,712 Ground Manchester Ltd MANCHESTER No Further Tea On Ltd 09/08/2011 03/04/2021 9 £1,892 N/A N/A LOCATION Ground Floor 2,099 Ground WC’s Reviews AMENITIES No Further Tea On Ltd 04/04/2011 03/04/2021 10 04/04/2016 £25,192 2,099 £31,485 ERV based on £15/sqft 1st Floor Front 1,615 Ground Floor Reviews GALLERY Image Metrics 28/02/2021 Outside of L&T Act.ERV 1st Floor Rear 1,012 1st Floor 01/03/2018 28/02/2023 5 28/02/2021 £22,562 1,615 £25,033 VIRTUAL TOUR Front UK 3 yrly based oin £15.50/sqft ACCOMMODATION/ 2nd Floor Front 1,593 1st Floor Tea On Ltd 27/02/2015 03/04/2021 6 No Reviews £11,385 1,012 £15,686 ERV based on £15.50/sqft TENANCY SCHEDULE Rear OPPORTUNITY 2nd Floor Rear 1,098 Pitman Training Outside of L&T Act, ERV 2nd Floor 04/04/2017 03/04/2022 5 03/04/2020 No Reviews £23,000 1,593 £24,692 Front Group Ltd based on £15.50/sqft ENQUIRIES 3rd Floor Front 1,679 2nd Floor VACANT N/A N/A N/A N/A N/A 0 1,098 £17,019 ERV based on £15.50/sqft Rear 3rd Floor Rear 1,033 16/04/2022 3rd Floor I Teachers Ltd 16/04/2018 15/04/2023 5 16/04/2021 £25,637 1,679 £26,043 ERV based on £15.50/sqft Front 4 yrly 4th Floor 2,853 Sports Fashion Outside of L&T Act.ERV 3rd Floor Distribution 10/08/2018 09/08/2023 5 No reviews £15,764 1,033 £16,012 based oin £15.50/sqft Rear UK Ltd Sports Fashion TAKE THE TOUR Outside of L & T Act. ERV Distribution 10/08/2018 09/08/2023 5 No Reviews £43,075 2,853 £44,222 Total 15,694 4th floor based on £15.50/sqft UK Ltd Total £208,058 15,694 £240,870 8 THE OPPORTUNITY RICHMOND HOUSE Richmond House is a tremendous investment RICHMOND opportunity. A prime freehold investment HOUSE OVERVIEW in the heart of the city centre in a location with outstanding transport links, attracting MANCHESTER some of the brightest and most creative businesses around. LOCATION AMENITIES Guide of £4.49m. (£286/sqft) which equates to a net initial yield of 4.69% GALLERY and a revisionary yield of 5.03%. VIRTUAL TOUR ACCOMMODATION/ EPC TENANCY SCHEDULE Copies of the EPC’s are available on request. TENURE OPPORTUNITY Freehold. ENQUIRIES VAT The property has been elected for VAT. ANTI MONEY LAUNDERING In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. DATAROOM A data room has been set up with relevant documentation; access is available on request.