R I C H M O N D H O U S E

1 5 B L O O M S T M A N C H E S T E R M 1 3 H Z

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

R I C H M O N D R I C H M O N D H O U S EH O U S E

2

VIBRANT LOCATION

AMAZING AMENITIES

INCREDIBLE TRANSPORT

LINKS

FREEHOLD

DEVELOPMENT DEVELOPMENT POTENTIALPOTENTIAL

INVESTMENT OPPORTUNITY

Richmond House is an attractive, historic 5 storey period building with additional lower ground accommodation originally built in 1886.

The property has striking Victorian architecture with a stunning brick and stone façade and complimentary feature archway over the front entrance to the offices. The property shares a grand history, being constructed at the same time as London’s Tower bridge and when the Statue of Liberty was being transported to New York City.

The property has a bar at lower ground floor level (accessed from dedicated entrance on Bloom St), a restaurant on the ground floor (accessed from dedicated entrance on Richmond St) and fully refurbished character offices on the upper floors.

The offices have been fully refurbished to a high standard including new glass entrance doors, a brand new roof, character reception area with quality finishes including a sweeping staircase and parquet flooring, lift to all floors and new WC’s and kitchens provided on each floor.

The offices comprise 7 high quality office suites all with a fantastic finish and a character/creative feel.

BUILDING HIGHLIGHTS BUILDING HIGHLIGHTS

• • Freehold & not a listed building Freehold & not a listed building

• • Prime location in an extremely vibrant area of Prime location in an extremely vibrant area of the city the city

• • Sits within ‘The Village’ close to a wide range of Sits within ‘The Village’ close to a wide range of bars & restaurants bars & restaurants

• • Fast developing area of business and residential Fast developing area of business and residential

• • Close to Piccadilly Gardens, Piccadilly Train Close to Piccadilly Gardens, Piccadilly Train Station and a short distance from Metrolink Station and a short distance from Metrolink

• • All city centre amenities including retail and All city centre amenities including retail and hotels within close proximity. hotels within close proximity.

• • Surrounded by numerous car parking options Surrounded by numerous car parking options

• • Fully refurbished and a new roofFully refurbished and a new roof

A BUILDING OF PERMANENCE AND VALUE IN THE HEART OF MANCHESTER’S VIBRANT CITY CENTRE

NET INTERNAL APPROX. 16,001 SQFT

TAKE THE TOURAN ATTRACTIVE FREEHOLD INVESTMENT

R I C H M O N D R I C H M O N D H O U S EH O U S E

3

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, to see what’s happening in the city; global investment on a grand scale is developing Manchester into the UK’s fastest growing city.

This is the place to be.

Everywhere you look there is a new apartment block, swanky new office space or a innovative new hotel. Whether it’s Manchester’s very own entrepreneurs, or overseas consortiums making investment, everyone’s getting involved.

This large scale investment is driving up the value of city centre space on a scale never seen before in Manchester as it becomes 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.

The place to invest is Manchester, and the time to invest is now.

MANCHESTER’S BILLION POUND PROPERTY BOOM

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

4

Richmond House is situated on the south west side of Bloom Street in the heart of Manchester’s dynamic and evolving city centre.

It sits in the ‘The Village’ a hugely vibrant area of the city with a wide range of historic buildings and an abundance of trendy bars & restaurants. The property is surrounded by an abundance of transport links. Piccadilly and Oxford Road Train Station’s are short walk away and even closer is Piccadilly Gardens Metrolink. Directly opposite is a multi-story car park with 2 more car parks just around the corner. Whether travelling to London, Paris or Manchester’s leafy suburbs, all options are available.

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.

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.

THE MOST ENERGETIC AND FAST DEVELOPING AREA OF THE CITY

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

5

A BRITISH CITY THAT’S MORE LONDON THAN, LONDON.

1. NCP Car Park Chorlton Street2. Bloom Street Car Park3. NCP Car Park Sackville Street4. The Goose5. EVA & Lounge6. The Thompsons Arms7. Club Tropicana8. Via Manchester9. Bar Pop10. Village Fish & Chip Shop

11. New York New York12. G-A-Y Manchester13. The New Union14. Alan Turing Memorial15. Tribeca16. Esquires Coffee17. Churchills18. Yuzu19. New Yorker Diner20. Red Chilli

21. Greggs22. Tesco Express23. M&S24. Primark25. Burger King26. Cafe Nero27. Grill on New York Street28. The Alchemist 29. St James Tower30. Pizza Express

MINS

6

6

6

7

8

9

PICCADILLY STATION

PICCADILLY METROLINK

PICCADILLY GARDENS METROLINK

ST PETERS SQUARE METROLINK

OXFORD ROAD STATION

MANCHESTER ARNDALE

NORTHERN QUARTER

PALACE THEATRE

ARNDALE

PICCADILLY

OXFORD RD

1 2

34

5

6

MANCHESTER LIBRARY

MIDLAND HOTEL

ST PETER’S SQ

PICCADILLY GARDENS

PICCADILLY GARDENS

TOWN HALL

BRITANNIA HOTEL

CHINA TOWN

MANCHESTER ART GALLERY

9

101112

131415

16

17

19

18

20

21

22

23

25

26

27

28

29

30

24

87

SACKVILLE GARDENS

MARKET STREET

MAL MAISON HOTEL

THE VILLAGE

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

6

TAKE THE TOUR

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

7

GO INSIDE WITH MATTERPORTIMMERSE YOURSELF IN OUR VIRTUAL TOUR

THIRD FLOOR FRONT ›

FORTH FLOOR ›

THIRD FLOOR REAR ›

SECOND FLOOR FRONT › SECOND FLOOR REAR ›

FIRST FLOOR FRONT › FIRST FLOOR REAR ›

LOBBY › GROUND FLOOR ›

LOWER GROUND FLOOR ›

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

8

ACCOMMODATION TENANCY SCHEDULE

Demise NIA (Sqft)

Lower Ground 3,033

Ground WC’s 163

Ground Floor 2,173

1st Floor Front 1,556

1st Floor Rear 1,035

2nd Floor Front 1,536

2nd Floor Rear 1,055

3rd Floor Front 1,654

3rd Floor Rear 1,017

4th Floor 2,779

NIA total (Approx.) 16,001

Demise Occupier From To Term (Yrs) Next break Review Passing Rent

Net Internal

Floor area (Sqft)

ERV Other comments

Lower Ground

Eagle Bar Man-chester Ltd

22/12/2009 20/10/2021 11 22/12/2018 £39,551 3,033 £45,495 ERV based on £15/sqft

Lower Ground WC’s Tea On Ltd 09/08/2011 03/04/2021 9

No Further Reviews

£1,892 163 £1,892

Ground Floor Tea On Ltd 04/04/2011 03/04/2021 10 04/04/2016No Further

Reviews£25,192 2,173 £32,595 ERV based on £15/sqft

1st Floor Front

Image Metrics UK

01/03/2018 28/02/2023 5 28/02/202128/02/2021

3 yrly£22,562 1,556 £24,118

Outside of L&T Act. ERV based on £15.50/sqft

1st Floor Rear Tea On Ltd 27/02/2015 03/04/2021 6 No Reviews £11,385 1,035 £16,043 ERV based on £15.50/sqft

2nd Floor Front

Pitman Training Group Ltd

04/04/2017 03/04/2022 5 03/04/2020 No Reviews £23,000 1,536 £23,808 Outside of L&T Act, ERV

based on £15.50/sqft

2nd Floor Rear

Landlord rental guarantee

12 months from date of

purchaseTBC 12 months N/A N/A £16,353 1,055 £16,353

ERV based on £15.50/sqft. Vendor to provide

12 months rent, rates and service charge cover

3rd Floor Front I Teachers Ltd 16/04/2018 15/04/2023 5 16/04/2021

16/04/20224 yrly

£25,637 1,654 £25,637 ERV based on £15.50/sqft

3rd Floor Rear

Sports Fashion Distribution

UK Ltd10/08/2018 09/08/2023 5 No reviews £15,764 1,017 £15,764

Outside of L&T Act.ERV based oin £15.50/sqft

4th floorSports Fashion Distribution

UK Ltd10/08/2018 09/08/2023 5 No Reviews £43,075 2,779 £43,075

Outside of L & T Act. ERV based on £15.50/sqft

Total £224,411 16,001 £244,780

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D R I C H M O N D H O U S EH O U S E

9

Richmond House is a tremendous investment opportunity. A prime freehold investment in the heart of the city centre in a location with outstanding transport links, attracting some of the brightest and most creative businesses around. Guide of £4.49m.(£281/sqft) which equates to a net initial yield of 4.69% and a revisionary yield of 5.12%.

EPCCopies of the EPC’s are available on request.

TENUREFreehold.

VATThe property has been elected for VAT.

ANTI MONEY LAUNDERINGIn accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

DATAROOMA data room has been set up with relevant documentation; access is available on request.

THE OPPORTUNITY

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR

R I C H M O N D H O U S E

R I C H M O N D R I C H M O N D H O U S EH O U S E

10

ENQUIRIES

VIEWINGBy appointment with the sole agents:

WT GunsonT: 0161 833 9797

FAO Neale Sayle E: neale.sayle@wtgunson.co.ukM: 07760 160 321

TAKE THE TOUR

OVERVIEWOVERVIEW

MANCHESTERMANCHESTER

LOCATIONLOCATION

AMENITIESAMENITIES

GALLERYGALLERY

VIRTUAL TOURVIRTUAL TOUR

ACCOMMODATION/ ACCOMMODATION/ TENANCY SCHEDULETENANCY SCHEDULE

OPPORTUNITYOPPORTUNITY

ENQUIRIESENQUIRIES

TAKE THE TOUR