• Address
    The Circus, Oxford Street, Manchester
  • Price
    £24,450,000
  • Yield
    5.65%
  • Sector
    Leisure
  • Size
    140,490 Sq Ft
  • Lease Term
    Multi let leisure complex including Premier Inn hotel let to Whitbread. Other tenants include Genting Casino,Boots and Wetherspoon.
  • Client
    UK Institution
  • Type
    Acquisition

The Circus – Manchester

The Circus occupies an unrivalled position in Manchester City Centre being at the junction of the traditional Central Business Core, China Town, Civic Quarter, Conference Quarter and University Quarter.

The property is situated at the junction of Oxford Street and Portland Street within close proximity of St Peter’s Square and its Metrolink Stations. Oxford Street forms a corridor link from the city centre to Manchester’s Universities which are approximately half a mile from The Circus.

The student catchment provides the main focus for Oxford Street and is very much complemented by Portland Street which provides direct access to both the vibrant China Town quarter of the city centre and the Conference Quarter which includes Manchester Central (GMEX) and the Manchester International Conference Centre.

The property forms a substantial island site bounded by Portland Street, Oxford Street, St James Street and Dickinson Street. The scheme was developed in 2001, partially behind an attractive listed façade, and comprises 4 ground floor retail/leisure units totalling 2,787 sq m (30,003 sq ft) with a casino totalling 1,961 sq m (21,104 sq ft) at ground and basement level. The upper levels comprise a 228 bed hotel with reception at ground floor level and restaurant facility on the first floor.

The scheme extends to approximately 13,051 sq m (140,482 sq ft) in total.

Contacts

Steve Orzel

+44 (0)20 7112 8571

Anthony Friedman

+44 (0)20 7112 8572