Development Site 48 Shudehill & Salmon Street, Manchester, M4
- PROPERTY TYPE
Residential Development
- SIZE
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Key features
- Auction Date: 13th August 2020
Description
Prime City Centre / Northern Quarter Development Site
Lapsed Planning Consent For 6 Storey Building - 9 x Apartments (6x 2 bed & 3x bed) Plus Retail Unit
Prime City Centre Development Site - Lapsed Consent For 9 x Apartments Plus Retail Unit
Prime development site situated fronting Shudehill and backing onto Salmon Street in the Northern Quarter area of Manchester City Centre. The site is considered suitable for development with lapsed planning permission (Application Ref: 080087/FO/2006/C1, dated January 2007 which has now expired), for the erection of a six storey building comprising 9 apartments (six 2 bed apartments and three 1 bed apartments) plus a ground floor retail unit and basement.
The site currently generates income of £400 per month. The tenant occupies under the terms of a four month licence which commenced 1 July 2020, outside of the Landlord and Tenant Act 1954. The site also generates income from providing access for a company to paint advertising murals on the wall of the adjacent building. This is under an informal arrangement, approx 6 murals per year @ £1,250 each for access.
Please refer to legal pack for full details.
The site fronts Shudehill opposite the transport interchange (tram stop) and spans back to Salmon Street to the rear and is ideally located close to all City Centre amenities, including the Crowne Plaza and Holiday Inn hotels,
and the Arndale Shopping Centre. Nearby entertainment and leisure destinations include the Printworks, the National Football Museum, Mackie Mayors and the Frog & Bucket.
Bidders are advised to make their own site inspection and enquiries with the Council’s planning department to satisfy themselves that a proposed scheme can be designed within the ownership boundaries of the land which is believed to be 6.493 metres in width.
Tenure
See Legal Pack
EPC Rating: n/a
Additional Fees
Administration Charge: £8,496.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
Development Site 48 Shudehill & Salmon Street, Manchester, M4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Manchester Victoria Station0.2 miles
- Market Street Tram Stop0.2 miles
- Mosley Street Tram Stop0.3 miles
Notes
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