By jbc_admin
The Manchester-based developer has snapped up the 13,000 sq ft office in the town centre and is exploring options to redevelop the site for residential or mixed-use. The 1960s building, currently part-tenanted, sits on the corner of Wellington Street and Piccadilly. Plans previously came forward in 2015 for an office-to-residential conversion of 21 apartments, but…
Find out more
By jbc_admin
Marking 100 years of the Armistice and then end of World War 1, Roger Hannah sponsor team ‘Bee Inspired’ to a 12 hour endurance race for a great cause known as Mission Motorsport! Mission (as it’s fondly referred) has a sole aim, supporting the service men and women of this country who have sacrificed their…
Find out more
By jbc_admin
A problematic block of 51 apartments with many compliance issues, a chequered history that has laid vacant for a number of years due to previous developers failing to satisfactorily complete the development in accordance with current building regulations. However, our intensive & comprehensive marketing campaign resulted in: SOLD ON BEHALF OF LONDON BASED RECEIVERS.
By jbc_admin
We have just been instructed to dispose of the landmark Cheetham Hill property known as “The Point”. The Point is a prominent 24,000 sqft detached three storey office and retail building constructed in 2009 and is currently let to a number of users including Habib Bank which currently produces a gross income of £255,000 per…
Find out more
By jbc_admin
Roger Hannah advised a private investor client on an off-market sale of a mixed-use scheme on the edge of the Northern Quarter in Manchester City Centre. The deal worth £850,000 was acquired by urban regeneration company Watch This Space. The building at 58-60 Shudehill comprises 8,500sq ft offices and restaurant on the ground floor and…
Find out more
By jbc_admin
Modern neighbourhood retail parade anchored by Spar. Sale Price £775,000 Net yield of 7.2%. Fully let and producing a rental of £58,700pax. The retail units were sold on behalf of Rowlinson Investments Limited to Investors based in the South of England. Stuart Cooper, Director of Roger Hannah commented “Quality property investments are in short supply…
Find out more
By jbc_admin
Marnshaw Limited have acquired the Bridge Trading Estate, Bury, from the Canal and River Trust for a headline consideration of £2,201,000. Bridge Trading Estate is a multi-let industrial property with a rental income of £156,000 but with the potential to increase the income up to £231,000. The transaction represents a net initial yield of 6.70%…
Find out more
By jbc_admin
Roger Hannah’s Investment Department were kept busy during June, with disposals totalling £3.7m. This was helped in no small way with the completion and sale of Meadow Mill in Stockport for in excess of the £2.5m guide price. The purchaser is a private London based Investor/Developer who is to invest significant sums to regenerate and…
Find out more
By jbc_admin
The start of the 2016/17 year has shown a rapid increase in investment activity at Roger Hannah & Co. Following a restructure in the previous year, which saw the Department being led by Stuart Cooper & Simon Cook, the Department is now advising clients on over £25m of investment property. In the first 3 months…
Find out more
By jbc_admin
Roger Hannah & Co’s investment department have continued a run of form which saw the firm dispose of £1.6m of investment property in December with the completion of the sale of Wharf Point, Droylsden, a mixed-use town centre investment, for close to £700,000 at a net yield of 9.8%. James Goode, Head of Private Treaty…
Find out more
