Market Street,
Manchester
Keys: 18
Tenant: Global serviced apartment operator
Lease Terms: 10 years / IRI / Index-linked
Use Class: Serviced Apartments (C3)
On one of Manchester’s key retail streets, this recently renovated property features an exceptional collection of 18 apartments.
Newly completed to exacting standards, this brand-new building offers a collection of contemporary apartments. Each comes designed with comfort in mind, while select apartments feature terraces with views of Manchester city centre.
An exceptional setting in the heart of the city, the block’s location off Piccadilly Gardens offers easy access to transportation and the surrounding retail offerings. Despite its central position, soundproofing provides the apartments with a sense of seclusion from the surrounding commercial district.
Saxbury sourced this exclusive off-market opportunity through its extensive network of nationwide agency relationships. Involved at every stage of the process, Saxbury identified the opportunity and presented it to the tenant, before negotiating directly with the landlord to secure favourable terms. Working with solicitors, our team finalised the long term lease efficiently. This marks the fifth time Saxbury has acted on behalf of this tenant, a global serviced apartment operator with European headquarters.
If you are a developer or investor with a similar property and would like to know whether it would be suitable for serviced apartment use, contact our expert team.
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