Fully occupied building comprising Basement, Ground, First, Second and Third Floors
Summary
- Prime Location: Situated on the iconic, pedestrianised King Street.
- Strong Tenant Profiles: Anchored by established luxury retail and tailoring brands.
- Total Passing Income: £125,000 per annum exclusive.
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground - 33 King Street | 2,368 | 219.99 | Occupied |
| Unit - 33A King Street | 3,332.51 | 309.60 | Occupied |
| Total | 5,700.51 | 529.59 |
Location
The property is situated in a prime position on the pedestrianised section of King Street, Manchester’s most prestigious retail and leisure destination. Positioned between Deansgate and St Ann’s Square, the building is surrounded by a high-caliber mix of premium retail and leisure operators, situated adjacent to Loake and White Stuff, and in the immediate company of Monica Vinader, Belstaff, Jo Malone, and The White Company. The location further benefits from its proximity to high-performing food and beverage destinations, sitting directly opposite or adjacent to El Gato Negro, Gail’s Bakery, and House of AP.
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Mainline Stations
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Salford Central8 mins
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Manchester Victoria9 mins
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Manchester Oxford Road10 mins
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Deansgate10 mins
Underground Station
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Chesham2714 mins
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Amersham2753 mins
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Chalfont and Latimer2778 mins
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Chorleywood2811 mins
Further Information
Rates Payable Upon Enquiry
Description
A rare opportunity to acquire a high-profile freehold investment on Manchester’s premier pedestrianised thoroughfare. The property comprises a Grade II listed building providing prime retail and boutique commercial accommodation across five floors. The asset is fully let to two established tenants, producing a total passing rent of £125,000 per annum exclusive, with a guaranteed minimum uplift to £130,000 pax in 2030.
Tenure/Tenacy
33 King Street, GF & Basement
Let to Austin & Blake Limited by way of a 10 year lease from July 2024 at a rent of £80,000 per annum. The lease is held on Full Repairing and Insuring (FRI) terms. There is a rent review in July 2029 and a tenant break option on 30 July 2030.
33A King Street, Ground, 1st,2nd,3rd
Let to Aristocracy London Ltd by way of a 10 year lease from July 2025 at a rent of £45,000 per annum. The lease is held on effectively Full Repairing and Insuring (EFRI) terms. There is a tenant break option on 1 July 2030. The rent is to be reviewed in July 2030 to the higher of £50,000 per annum or the open market rent.
Total Rent - £125,000 per annum
Gallery
