Wed, 28 Nov 2012 | COMMERCIAL PROPERTY
A unique commercial property is for sale in Manchester: The former stock exchange on Norfolk Street.
The property is on the market with a guide price of £1.5 million, for which the buyer will gain control of 22,852 sq ft of space. This breaks down at £65 per sq ft of space.
At the moment, the restaurant Stock is housed in the Grade II listed building. There are a total of five floors through the building and basement parking for 11 vehicles. However, the selling agents have said that the site is suitable for refurbishment for a change of function and could easily house a hotel or be converted to residential or office space.
Associate director of national capital markets at property consultants CBRE, Will Kennon, commented: “The Stock Exchange offers major advantages for any potential investor, with a prime location, existing ground floor restaurant and bar facility and stunning architectural features.”
He added: "There are currently strong levels of demand for boutique hotel accommodation within the traditional prime core of Manchester and we believe this asset provides an ideal conversion opportunity.”
This business presents an enticing opportunity with established relationships with blue-chip organisations globally, a strong client retention rate, and the potential for relocation.
Discover a quality-driven commercial cleaning business with a diverse client base and a solid reputation, built over two decades. .
This is a unique opportunity to acquire a well-established company with a strong reputation in the insurance market, known for its quality work and professional service. The company offers an excellent bolt-on opportunity for expansion into the North...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.