PRIME RESIDENTIAL DEVELOPMENT OPPORTUNITY
0.51 Acre plot, Existing 12,945 sq ft (1,203 sq m)
The premises are located on Worrall Street close to the junction with Ordsall Lane and the main roundabout at the head of the M602 motorway on the fringe of Manchester city centre. Accordingly, road communications are excellent with the regional road network readily accessible.
The area was principally in the past a well-established industrial and commercial location which has changed dramatically over recent years with a substantial amount of residential development has taken place and currently taking place.
The site area extends to approx. 0.51 acre or thereabouts.
The existing property is a predominantly single storey mixed production and warehouse unit with some first floor offices. The property is subdivided to suit the owner’s requirements and is of steel frame construction with brick elevation walls.
Please contact the Sole Agents; Haughton Warburton on 0161 839 0080.
Planning & Development
It is considered that the site would be suitable for residential development with appropriate consent. All interested parties are to rely on their own enquiries in this regard.
The site lies in an area currently subject to a substantial element of redevelopment, regeneration and investment. Nearby completed and ongoing residential schemes include 220 new homes along nearby Ordsall Lane, together with Bridgewater Point and Adelphi Wharf. There are ongoing schemes in the pipeline for Worrall Street itself including the two adjacent sites to the subject property. At the present time, it is boom time for developers in Salford and new businesses have started to move back into the area.
In accordance with the RICS Code of Measuring Practice, we calculate the properties to offer the total Gross Internal Area of:
We estimate that the site extends to 0.51 acres or thereabouts.
The building has a gross internal floor area of 12,940 sq ft (1,203 sq m).
Tenure And Terms of Disposal
Our clients advise that the premises are owned Freehold/Long-leasehold.
The premises are offered For Sale. Price on application.
Heating is provided by oil-fired hot air blowers to the main building whilst the offices have a separate oil-fired central heating system with radiators. Lighting is by sodium droplights with integrated fluorescent lighting within the offices. The property is fully alarmed.
We are instructed to seek expressions of interest for the property. Further information and a guide price is available on request.