Commercial · For sale

Didsbury Point, Manchester – New Build GP Surgery Investment

The Boulevard, West Didsbury, Manchester, Manchester, M20 1LS

Offers over £4,195,000

Tenure

Leasehold

Added

18 Oct 2026

About this property

The property comprises the ground floor unit within a newly developed residential-led development of 76 apartments across 6-8 storeys, with a dedicated car park. • Net internal floor area of 12,432 sq ft • 11 x consulting rooms • 1 x one-to-one remote consulting room • 5 x treatment rooms • Group / meeting room • Reception areas with visitor facilities including accessible WC • Staff facilities including showers, WCs and rest rooms • Use of 25 parking spaces For identification purposes only

Key points: - New build GP surgery investment in West Didsbury, a prime suburb approximately 3.5 miles south of Manchester city centre. - One of Manchester's most desirable residential locations, with tree-lined avenues of grand Victorian housing that regularly features in the Sunday Times Best Places to Live in the UK. - Situated along The Boulevard, just off the A5103 Princess Parkway (c. 51,000 daily vehicle movements). - Ground floor medical centre within a newly developed residential-led scheme, providing 12,432 sq ft NIA with the use of 25 parking spaces. - Let to the GP partners of Didsbury Medical Centre, who receive full reimbursement from the NHS for the total rent paid. The practice is relocating from its existing surgery, occupied for over 30 years. - New effectively full repairing and insuring lease for 30 years from 8 June 2026 to 7 June 2056 (29.7 years unexpired). - Initial rent of £268,325 per annum, reviewed three-yearly in line with CPI annually compounded (1.50%-3.50% collar and cap). - Long leasehold for 250 years at a peppercorn ground rent. - Offers in excess of £4,195,000 (STC), reflecting a net initial yield of 6.00% after purchaser's costs of 6.58%. - Net internal floor area of 12,432 sq ft.

Figures are taken from the vendor's particulars and are subject to contract. Enquire through PropSale for the full information pack.

Features

• Passing Rent: £268.3k pa
• Net Initial Yield: 6.00%
• Tenure: Long Leasehold