Edwards & Co Acquire Multi-Let Retail Scheme for Institutional Clients
Acting on behalf of institutional clients, Edwards & Co have acquired the long-leasehold interest in this newly built retail development.
Located in the popular suburb of Chorlton, the property occupies a prominent position on Barlow Moor Road, one of the main arterial routes in to Manchester, opposite KFC and Tesco.
The property comprises a ground floor parade anchored by tenant M&S Simply Food, who have taken a new 15-year lease, subject to 5 yearly RPI linked reviews. It totals 8,022 sq.ft. The upper floor residential accommodation has been sold off separately.
It was acquired for £2,366,000. For further information contact Martin Hamer.