7,796 sq ft (724.25 sq m)
For Sale £857,560 on application
About property
Priory House is a three storey purpose built modern office building over ground, first and second floors. The refurbished building provides a large reception area and toilet facilities serving each floor.
The current tenancies generate a total income of £81,115.50 per annum. The building is c. 7,796 sq ft and 100% let. The current tenancies are as follows:
Ground Floor
- Remploy
- Approx. space occupied: 2,515 sq ft
- Rent: £26,400 per annum
- Lease term: 5 years from Dec 2016, with tenant breaks each anniversary subject to 6 months' notice and rent penalties.
First Floor (part)
- Everyday Loans
- Approx. space occupied: 1,470 sq ft
- Rent: £14,700 per annum
- Lease term: 10 years from Mar 2013, with a lease break options at the end of year 5.
Second Floor & Part First
- The Cheshire & Greater Manchester Community Rehabilitation Company Limited (supported by the MoJ)
- Approx. space occupied: 3,811 sq ft
- Rent: £40,015.50 per annum
- Lease term: 5 years from Oct 2016
The building has a good parking allocation of 26 spaces.