Sold
Disco Royal, Peter Street, Manchester, Greater Manchester
North West
dba060
Leisure£5,350,000
Tenure: Freehold
Tenancy: Single Let
Investment summary
•Prime location in Manchester City Centre.
•Grade II listed prominet building offering potential for alternative uses subject to the necessary consents.
•20 years unexpired to Nightclub Company Ltd (management buyout company First Leisure Corporation Plc).
•Net initial yield of 6.5%.