BTG Eddisons · 28 Oct 2026 · in 9 days
City Centre commercial investment opportunity
24 Hulme Street, Manchester M1 5BW · North West
LiveLeisureLeasehold
- Guide
- £995,000
- Rent a year
- ≈£72,600est.
- Yield on the guide
- ≈7.3%est.
- Payback
- ≈14 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 6,200 sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 19 Sept 2025 (certificate 9355-3322-7853-0410-8402). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
BTG Eddisons' record
BTG Eddisons' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold leisure lot in Manchester.
Lot 242, Commercial Property. City Centre commercial investment opportunity. Three storey building extending to approx 579 Sq.M (6,200 Sq.Ft) within a refurbished Victorian mill. Currently let at £82,000p/a to an educational college rising to £83,500. EPC Rating: C. A unique City Centre education investment comprising a three storey building forming part of a converted Victorian mill. The property presents well internally having been fully refurbished in recent years and boasts an abundance of charm and original mill features, including striking exposed brickwork and impressive cast iron columns. The accommodation is arranged over lower ground, ground and first floors extending to a total of approximately 579 Sq.M (6,200 Sq.Ft) and let in full to a further education college at £82,000p/a rising to £83,5000 on a new 3 year lease. The property is situated in a prime location just off Whitworth Street West and within easy reach of Oxford Street, Deansgate and First Street. A wide array of Manchester's thriving restaurants, bars and shops can all be found within easy walking along with excellent transport links. Occupancy: Subject to a tenancy. Accommodation: Ground Floor 198.46 Sq.M Lower Ground Floor 189.81 Sq.M First Floor 192 Sq.M Tenure: Leasehold Occupancy: Subject to a tenancy General: Tenancy The property is let at £82,000p/a on a new lease dated 1st September 2026 rising to £83,500p/a. There is a tenant break option on 2nd anniversary with 9 months notice. The current tenants have been in situ for a number of years. Tenancy Profile Access Creative College (Access Creative) is the UK’s largest national independent training provider with 30 years of experience in educating creative 16-18 and 19+ year-olds. The college, rated ‘Good’ by Ofsted in 2022, has over 2000 learners studying at campuses in Birmingham, Bristol, Lincoln, London, Manchester, Norwich and Plymouth. Address: 24 Hulme Street, Manchester M1 5BW
Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.