Jordan Street, Manchester, M15

Description

An exceptional opportunity to acquire a portfolio of 76 secure basement car parking spaces in the heart of Manchester City Centre, within the highly desirable Southern Gateway.

For Sale: Prime Manchester City Centre Car Parking Portfolio – Offers Over £2,500,000
REF: KYNA

An exceptional opportunity to acquire a portfolio of 76 secure basement car parking spaces in the heart of Manchester City Centre, within the highly desirable Southern Gateway.

This income-producing asset benefits from strong and growing demand, driven by a significant influx of new residential developments with limited parking provision.

Income generating from day one

Current rents at £250 PCM per space (with potential growth)

Approx. 8%+ net yield

Secure 24/7 access with CCTV

Long leasehold titles (150 years from 2002)

A rare, low-maintenance investment in one of the UK’s fastest-growing city centres, offering both immediate returns and long-term capital growth.
Location & Growth:

Located in one of Manchester’s most rapidly developing districts, the Southern Gateway is home to a wave of new residential towers, with further schemes underway including landmark buildings rising up to 77 storeys. The area is projected to accommodate circa 100,000 residents, significantly increasing demand for secure parking.

With many new developments offering limited or no parking, this asset is perfectly positioned to capitalise on the imbalance between supply and demand.