Summary - Koi Tower Ground Floor Unit, Northill Tower, Furness Quay, Salford, M50 3DL M50 3DL
1 bed 1 bath Retail Property (high street)
Prominent glazed frontage with strong Salford Quays visibility
Large single-level area: 2,045 sq ft (approx. 190 sqm)
Partially fitted with air conditioning and rear kitchen facility
Flexible multi-use: gym, café, restaurant, office potential
Long leasehold: 250 years remaining; offered on completion of works
Available on new effective FRI lease; five-year upward-only reviews
Subject to service charge; incoming tenant to complete fit-out works
Offers invited in excess of £350,000 for the long leasehold interest
This ground-floor commercial unit at Northill Tower offers a spacious, flexible footprint of 2,045 sq ft in the heart of Salford Quays. Positioned directly off the tower’s manned reception and with a glazed frontage, the unit suits gym, café, office or restaurant operators seeking high footfall near MediaCity and The Lowry.
The space is partially partitioned and partially fitted, with air conditioning and a rear kitchen facility already installed. The incoming occupier will need to complete fit-out works to tailor the layout to their trade. There is no private garden; the unit benefits from forecourt/garage parking and strong transport links, including trams to Manchester city centre.
The interest is offered as a long leasehold (250 years remaining) with the long leasehold to be granted on completion of works at a peppercorn rent and subject to a service charge. The premises will be let on a new effective FRI lease for a minimum of 10 years with five-year upward-only rent reviews — this suits investors and operators used to full repairing leases but introduces future rent-review risk.
Offers are invited in excess of £350,000 for the long leasehold interest. This is a prominent, sizeable retail unit in a busy waterfront destination; it will appeal to buyers seeking adaptation potential and immediate proximity to leisure, tourism and transport hubs, but note the requirement to complete tenant works and periodic lease review exposure.
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