The Old Courthouse , Chapel Street, Dukinfield, SK16 4DT

Category For Sale
Type Investment
Size 15,000 sq ft / 1,393.5 sq m
Price £795,000

Description

Office Investment Property.
Multi-Let/Multi Occupancy Business Centre.
Annual Net Income – Circa £90,000.
33 Suites.
Never Less Than 85% Let in Previous 10 Years.
Attractive Period Building.
On Site Car Park and Adjacent Public Car Park.
Energy Performance Asset Rating (EPAR) is E (122).

FOR SALE: Offers in the Region of £795,000.

The Old Courthouse is situated at the junction of Chapel Street and Brunswick Street, just off King Street (A627) in the centre of Dukinfield and just behind Dukinfield Town Hall. It is within easy reach of junctions on both the M67 & M60 motorways and is also close to the centres of Ashton under Lyne and Hyde on the eastern side of Greater Manchester.

The property is a former Prison turned Magistrates Court, originally built circa 1903 but, converted and refurbished in 2001 to create a comfortable and well specified office building. The building is divided into a number of office suites with additional smaller offices and some storage facilities. Each office suite is cabled to a central communications room and IT and telecom facilities are available to tenants, and there is both on site and on street parking. The whole site is approximately 0.43 acres / 0.17 Ha.

INCOME AND TENANTS.
The annual net income is approximately £90,000, and the gross income including service charges is circa £115,000 (July 2020).

There are 33 Office suites and 24 separate Tenants. The property has never been less than 85% let in the previous 10 years.