Osborne House have acquired the freehold of 19 individual office buildings at Oxford Court in the city centre of Manchester on a site extending to 1.7 acres currently producing £17,000 per. WHR acted on behalf of the Seller, Oxford Court Management (Manchester) Ltd whilst Fifield Glyn acted on behalf of Osborne House.
The island site is located within the prime office cove district and within immediate proximity to Oxford Road. The courtyard office development comprises of 19 offices buildings totalling 64,000 sq ft (5,945.79 sqm) with 85 car spaces.
John Fifield, Chairman of Osborne House, said ‘This is an exciting opportunity to purchase the freehold of a significant site in a prime location with opportunities to increase the income over the medium long-term”.
Osborne House are a development and investment company with office, retail and development sites in Cheshire, Sheffield and Kings Lynn looking to expand their portfolio further in the North West.
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