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 annum.
Fronting onto Cheetham Hill Road opposite Manchester Fort Shopping Park, this is one of the highest profile spots in Cheetham Hill.
Stuart Cooper, Director of Roger Hannah commented:
“This building is a real gem situated in the ever popular Cheetham Hill area and represents a real opportunity for investors to add value via pro-active asset management and lettings. We envisage that the rental income could be increased to well in excess of £300,000 pa with the correct management strategy.
The building benefits from excellent specification, as you would expect, including air conditioning, raised floors, 2no. passenger lifts and onsite parking. However, the real selling point is that the building also provides an extensive roof terrace with 360 degree views of Manchester, a real USP, giving occupiers a great place to relax and unwind especially if the current heatwave continues!”