Whitworth St W, Manchester M1 5NQ, United Kingdom
Property Description and Details
The Ritz occupies a landmark position in the heart of Manchester City Centre on the vibrant Whitworth Street – forming a key part of the city’s buoyant leisure and
entertainment circuit. Whitworth Street seamlessly links Oxford Road, Deansgate and Piccadilly. The Whitworth Street Corridor is a key district of the city centre with an array of leisure and entertainment amenities.
The Ritz has a capacity of 1,500 people and the building has been an integral part of the city’s music scene for decades. The property is of brick construction with a part pitched slate roof and part flat roof behind an ornate stone façade.
The property comprises a large ballroom at ground floor, a 1st floor balcony/viewing area overlooking the ballroom, with staff offices and ancillary accommodation located on the 2nd floor. In addition to The Ritz, the investment includes a long leasehold interest in Apartment 208 in The Lock Building on Whitworth Street. This comprises a high-specification 2 bed/2 bathroom apartment.
The entire property is let to Academy Music Group Limited (AMG) on a Full Repairing and Insuring Lease for a term of 25 years with the break option at the
end of year 15.
Central to NPV's social responsibility is its role as trustee, benefactor and participation in the Kingsley Holgate Foundation, which directly carries out humanitarian projects throughout Africa. For more information please click the above image.
CIDC (Claremont Improvement District Company) is initiated by businesses in Claremont to ‘top up’ various services provided by the City Council. Mike Nixon is on the CIDC board of directors.