Bluetree considers £3.35m sale of Castlefield Chapel

DTZ has been appointed by Bluetree Estates to market the 12,000 sq ft self-contained office building in Manchester.

Bluetree is asking £3.35m for the building or £18.50/sq ft for leasehold. The Grade II-listed landmark was occupied for the past year by media company Amaze before it outgrew the space and moved to Ask's One First Street. Bluetree acquired the former music studios from producer Pete Waterman for around £1m in 2006. Natwest provided a £3m loan for the redevelopment in 2008.

The BREEAM 'excellent' refurbishment is Cat 5 cabled throughout and benefits from 17 secure on site car parking spaces, air conditioning and full access raised floors.

Rob Yates, office agency director at DTZ, said: "The opportunity to acquire a building of this size is truly unique. Due to the lack of new development, we anticipate strong demand. The building offers occupiers a superb address and an excellent working environment. The accommodation is available for immediate occupation."

TFC are the joint letting agents.