City centre block up for sale for £20m

One Portland Street
Office and retail property One Portland Street in the centre of Manchester has been put up for sale for £20m by owner Legal & General Investment Management Real Assets. The building, marketed by Savills, offers 59,201sq ft of accommodation and has a basement, ground and six upper floors. Occupiers include Building Blocks, Gear4music, Tesco and Costa Coffee with a total net income of £1.32m a year. The guide price represents a net initial yield of 6%. Neighbours include Bank of New York Mellon, Barclays, Transport for Gr... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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