Metis Real Estate Advisors acquires office building for The Regional Office Property Unit Trust.

We were pleased to assist in delivering the acquisition of this office investment, which has the potential to "add value". Key investment attributes include:

An opportunity to acquire a modern six storey office building, built in 2007, comprising, 26,500 sq ft of accommodation in a strengthening location.

The building benefits from a number of unique external terraces and also includes 17 basement car parking spaces.

The top four floors are let to Begbies Traynor on a lease to 2027.

The vacant ground and first floors provide an opportunity to capitalise on Manchester's strong leasing market by creating refurbished office/retail accommodation.

A price of £8.4 million represents a low capital value of £315 per sq ft including car parking.