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Express Interest in this Property

Offices with Development Potential (former Barclays), Walkden, Manchester

1-3 Bolton Road / 6-10 High Street, Walkden, Manchester, M28 3AX

Basic Facts

Property ID: 3159 Post Updated: 2019-06-24 10:41:47
Status: Type:
Tenure: Freehold Gross Rent: £ 30,000
Lease Term: 20 years from Jun 2007 VAT applicable: No

Property Description

  • Freehold, blue-chip bank investment with vacant offices upstairs & development potential.
  • The property is arranged over three floors, comprising a ground floor banking hall with basement storage and part first floor staff and ancillary accommodation and a self-contained part first and second floor office with separate access from the front.
  • The property benefits from corner frontage on both the High Street and Bolton Road.

Location Description

  • The City of Manchester, with a catchment population of 2.5 million, is the regional capital of the North-West.
  • Walkden is a busy suburb some 5 miles north-west of the city centre.
  • The M60 Manchester orbital motorway and M61 are close by, and Manchester international airport is within 12 miles
  • The property is situated on a prominent corner position close to the Walkden Town Centre Shopping Centre, a regenerated retail & leisure destination with 2,000 free car parking spaces, a Tesco Extra, Costa Coffee, JD Sports, Greggs, Subway, McDonalds, KFC, and Boots. Banks such as Halifax and Lloyds TSB are represented in the centre and are soon to be joined by Santander.
  • Other nearby occupiers include JD Wetherspoons,  RBS, Co-op Travel and The GL Medical Centre

Additional Notes

  • Barclays are no longer in occupation
  • There may be potential to convert the offices into residential accommodation subject to obtaining the relevant planning consents.
  • There is also potential to negotiate a settlement with Barclays to surrender their lease

Features

Attractive property
Blue-chip tenant
Freehold
Lease term: 10 - 15 years
No VAT applicable
Reversionary Opportunity
Vacant

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Current Opportunities

Current Opportunity

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