Property Features:
Description:
DESCRIPTION
Calling all Developers. The site consists of 3 commercial properties + car park for sale individually. With the potential to acquire the non highlighted buildings. Subject to further negotiation. Possible uses subject to planning for a- Mixed-use 250+ Residential/Commercial scheme, Large Hotel, Serviced Office-Business Centre or Shopping Centre. The site is situated in the heart of Manchester's Shudehill, noma major regeneration, and close to the Northern Quarter. The site currently does not have planning permission. Offers are invited: Local News: Town hall chiefs have released their regeneration blueprint for the 'New Cross' area, with proposals to build scores of new homes and boost commercial activity. Location: Swan Street, Manchester, M4 5JU • Manchester Victoria (0.3 mi) • Market Street (0.3 mi) • Piccadilly Gardens (0.4 mi) Less than a 2minute walk from the Metrolink Station & Shudehill Transport Interchange. The site is located on Swan Street, which is a continuation of Great Ancoats Street on the A665 inner ring road. The site is located close to the 20-acre mixed-use noma district. A vibrant new 24/7 city centre quarter which will include 2.5 million sq ft of new build and refurbished offices, 1 million sq ft of residential space 500,000 sq ft of retail and leisure space. This new district is supported by the world's largest consumer co-operative and Manchester City Council. In addition to the proposed 500,000 sq ft of retail space being brought to the area, the site is also close to the 1.4 million sq ft Arndale Shopping & Manchester Arena. Large glass frontage & basements Suitable for a variety of uses subject to planning Tenanted & income-producing Excellent location Close to Shude Hill Bus Interchange On a busy road (A665) Close to the Manchester Arena Close to the Northern Quarter Potential for an additional floors
ACCOMMODATION
.Schedule of accommodation.
Total break down of sizes/rent
1) Car Park- 898 Sq ft
2) 56 Swan Street- 2029 Sq ft
3) 58 Swan Street- 4078 sq ft
Total asking price for the above 2 properties + Car Park (OIEO £1.4M)
TERMS
Tenancy Schedule
NAME Floor RENTAL MONTHLY Frequency Annual Lease end date
58 Swan Street
Media Board Outside 416.66 Quarterly 5,000.00
Spa Basement & Ground 1,500.00 Monthly 18,000.00 20/03/2024
Taxi base 1st Floor, Boiler Room 450.00 Monthly 5,400.00 21/07/2021
Tatoo Palour 1st Floor, A/c's & Front 925.00 Monthly 11,100.00 30/11/2022
Photo Studio Full Second Floor 585.00 Monthly 7,020.00 08/02/2021 rolling
Clothing company Third Floor 335.00 Monthly 4,020.00 08/02/2021 rolling
56 Swan Street
Atlantic 2,000.00 24000 3 years
54 Swan Street - Car park
Vacant car park up to 5/6 bays, the potential for up to £100 PCM per car
Monthly Rent Annual Rent
6,211.66 74,540.00
OUTGOINGS
Through enquiries with the Valuation Office Agency website it is noted that the property attracts a Rateable Value in the 2017 Ratings List of TBA. Please note the Rateable Value is not what you pay.
LEGAL COSTS
If sold, each party are to bear their own legal costs incurred in connection with the transaction.
OTHER
EPC: We understand the property is assessed within Band D-(87-98) and a copy of the EPC is available on
request for each property individually.
Misrepresentation Act 1967 Ivy Business Centre Ltd for themselves, for any joint agents and for the vendors or lessors of this property whose agents they give notice that: 1: The details contained within these particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract. 2: All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to each of them 3: No person in the employment of Ivy Business Centre Ltd or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4: All rentals and prices are quoted exclusive of VAT. Compliance Declaration: One of the partners in our commercial division has a declarable interest in this property. This statement is being made in compliance with regulation ahead of any potential negotiations.
Services Property availability maybe subject to change, please call us to verify before proceeding with your enquiry or arranging a viewing. Unit sizes listed are approximate and price may vary, dependent on size or location of the office/units within the business centre.
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VIEWING
Strictly by appointment with the agent Kirkham Property - 509 Middleton Road, Chadderton, Oldham OL9 9SH - Please call 0161 925 3759 or email kath@kirkham-property.co.uk
