Prime Residential Development Opportunity
CL RENDON HOUSE ST MFORD QU RTER LTRINCHAM W 14 1EJ SUMMARY
6 5 4 3 2 UPW RDS &ONW RDS
● Opportunity to acquire a prime vacant office building in central Altrincham
● Long Leasehold sale of the second to sixth floor inclusive(250 years)
● Existing planning consent for conversion and extension to form 60 residential apartments
● Benefits from excellent transport links to Manchester City Centre via Altrincham’s transport interchange
● Easy access to the Stamford Quarter, providing an extensive range of shops and leisure destinations
● The property extends to 33,820 sq ft (3,142 sq m) 18
SITUATION
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LOCAL AMENITIES
CLARENDON HOUSE is located in the renowned retail services to Manchester and also wider train services to area, in Altrincham, known as the Stamford Quarter. Stockport and Chester. The A56 runs through Altrincham, 1 Pure Gym 7 Market House 13 Goose Green Altrincham has a strong reputation as a commuter town connecting it to Manchester and the M56. 2 Transport Interchange 8 Altrincham Town Hall 14 Vue Cinema based on its strategic location between Manchester Altrincham is home to several schools including Altrincham City Centre (8.6 miles to the north east) and the M56 3 Stamford Quarter 9 Tesco 15 Total Fitness Grammar, Loreto and North Cestrian. The Town Centre motorway (2.3 miles to the south west), whilst also benefits from a large number of amenities including a 4 Leisure Centre 10 Everyman Cinema 16 Sainsburys benefitting from Manchester’s Metrolink service via the Tesco Extra, Sainsbury’s Supermarket and Altrincham’s Altrincham Interchange. 5 Marks & Spencer 11 Travelodge 17 Cresta Court Hotel Market House. The Stamford Quarter is also home to a The property fronts Stamford New Road, opposite host of national fashion and restaurant chains including 6 Ice Dome 12 Health & Well Being Hub 18 Altrincham Golf Course Altrincham station. The interchange offers Metrolink H&M, Flannels, Next, River Island and Le Bistrot Pierre.
Metrolink line Railway line
O POR RO D
18 N E SITUATION
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4 LOCAL AMENITIES
D RO 1 Pure Gym N 3 5 2 Transport Interchange D 1 9 3 Stamford Quarter D 4 Flannels D 2 O 6 5 Leisure Centre 8 O R REE R 6 Marks & Spencer D 7 Ice Dome E E E I N RE 8 Market House R D G R E 13 9 Altrincham Town Hall O 7 N 11 O R O 10 Tesco O D 11 Everyman Cinema N E 12 Travelodge 13 Health & Well Being Hub 14 Goose Green
12 15 Vue Cinema 16 Total Fitness 14 10 17 D Sainsburys
18 Cresta Court Hotel
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R 16 O O 15 N Metrolink line NE O D REE Railway line
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C ES E O O SITUATION
Stamford Quarter Shopping Mall Market House
Transport Interchange Goose Green DESCRIPTION 6
5 RISING MBITION 4
The existing property is arranged over ground, and six upper floors, however this sale only incorporates the second to sixth floors, including two ground floor access points. 3 The second to sixth floors were formerly used as offices but are now vacant. The ground floor, which will remain under the ownership of our Client, is currently occupied by multiple independent retailers. The first floor is leased to Trafford Council and is currently used as the town’s Library. 2
Total floor area 33,820 sq ft (3,142 sq m) PLANNING THE ONLY W Y IS UP
The subject property has the benefit of planning Click floors to view plans permission for the conversion and extension of the second to sixth floors to deliver 60 residential units (Ref: 88883/FUL /16). The proposed development comprises 9 x one bedroom units and 51 x two bedroom units. This is based on a two storey extension at roof level alongside a part three and part five storey infill extension to the rear. A previous permitted development application was consented for conversion of the existing space to 42 units, however this lapsed in May 2016. TENURE VAT
Long Leasehold – A new long leasehold will be The vendor reserves the right to charge VAT on the granted with a term of 250 years. Trafford Council purchase price. will retain the freehold. EPC SERVICES The EPC rating for this property is C. The certificate Prospective purchasers should make their own will be made available to interested parties. enquiries to the relevant Authorities as to the FURTHER INFO suitability, capacity and exact location of services. VIEWING
The current service charge budget will be made On-site viewing is strictly by appointment with available to interested parties. Savills only. Please contact Ned Brooks for access arrangements. LEGAL COSTS
Each party will be responsible for their own legal costs associated with this transaction.
PRICE
Price on Application. Interested parties are required to confirm their interest via e-mail. Thereafter, access to the data room will be provided and a bid deadline issued. All offers are to be submitted in writing, for a fixed and specified sum, for the attention of Ed Rooney, Savills (UK) Limited, Development Department, Belvedere, 12 Booth Street, Manchester, M2 4AW.
CONTACT
For further information please contact: Savills Manchester Belvedere Ed Rooney Ned Brooks 12 Booth Street +44 (0) 161 602 8211 +44 (0) 161 277 7218 Manchester [email protected] [email protected] M2 4AW
Important Notice - Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and produced by Richard Barber & Co. 0161 833 0555. www.richardbarber.co.uk. December 2018.