FORD LANE M6 6PE

RESIDENTIAL DEVELOPMENT OPPORTUNITY An opportunity to purchase a site benefitting from planning for 119 residential units.

FORD LANE SALFORD M6 6PE

INTRODUCTION

JLL and Wignall Brownlow are instructed by Prime Noble Properties Limited (in administration) and its administrators, to invite Expressions of Interest in respect of the Residential Development Site at Ford Lane, Salford, M6 6PE.

JLL and Wignall Brownlow are also authorised to invite Expressions of Interest by FSL Properties Ford Lane Limited (in liquidation) and its liquidator.

FORD LANE, SALFORD M6 6PE / 02

FORD LANE SALFORD M6 6PE

R O C H OAD D TON R AL GH E OU RO BR B AD R O 6 A 7 LOCATION D 5 S A T R E E T A 6 Excellent location within short walking distance

E LLES MERE PENDLETON SIXTH

FORM COLLEGE of The & Salford Crescent PA R K

Train Station which provides local services to AD A57 ECCLES RO 6 Victoria, Manchester , BUILE

and . D HILL PARK A P ENDLETEND ON CLES R O A576 EC SALFORD UNIVERSITY

CAMPUS Y RD Y

H 62 The location benefits from regular bus services A SALFORD RT AD M602 SALFORD B O ROYAL CRESCENT 2 L R

WO 4 M into the and the wider Greater 0 A HA B 6 C MANCHESTER D J2 R A K L O F VICTORIA O A Y R Manchester Area. These connections provide LANG D I S ALFORDALF A A S R 5 T W R S ECCLES M E Y E T R excellent access to key employment hubs. I 3 T I D PATRICROFT N 6 A N U 0 I 5 T R

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M602 SALFORD

D Y SQUARE

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Nearby amenities include Extra, Aldi, N EC WEASTE CLES NE IO B W RO L and comprising AD A5 A 7 D R 2 Y 4 shops / services including; Pure Gym, Lloyds 0 H 6 MANCHESTER T LANGWORTHY A R

O ST PETER’S Bank, Argos, Home Bargains, Halifax, and WEASTE

CITTYY CENTRE SQUARE MANCHESTER W

PICCADILLY

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Subway amongst others. Y

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S 57

DEANSGATE HARBOUR CITY CASTLEFIELDE BROADWAY O RDS ALL

Salford University Campus, home to over 3

6 CUNIAN W 0 AN AY A

TRAFFORDRD PARK MEDIACITY ANCHORAGE 5 56 M A 20,000 students and c 3,000 support staff, MANCHESTER UK MEDIA OXFORD ROAD D A 1 CITY UK A 6 is just 10-minute walk from the site. 0 O R M I LOWRY OUTLET D A56(M) UP N R P U IMPERIAL O E T F CORNBROOK R E WAR MUSEUM F B D A 6 R R R 5 O I T A V O Y E K A

W S Y V ILLA T A GE WAY R W E P R T R E K A E I R EXCHANGE W N T A WH E AR QUAY C P FSI G A D D E E W I 3 AY R S OLD B 4

POMONA R

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D OA R ER ST FORD LANE, SALFORD M6E 6PE / 03 H C

FORD LANE SALFORD M6 6PE

GLASGOW STOCKHOLM CONNECTIVITY 348 kms (214 miles) 2.5 hours EDINBURGH 3 hours 15 minutes 336 kms (210 miles) 3 hours 16 minutes Excellent location within walking distance of Salford Crescent Station which forms a split point in the Manchester-Preston Line, providing local services to Manchester Victoria, Manchester Piccadilly, and Manchester Airport. From here you can access the national rail MANCHESTER / LEEDS 64 kms (40 miles) network as well as the Tram Network. SALFORD 55 minutes There are regular bus services within the vicinity providing access 55 kms (44 miles) 47 minutes to the A6 with direct services into the city centre and the wider

AMSTERDAM Greater Manchester area with links to key worker employment hubs 1.5 hours including; & Pendleton Sixth Form College. 250 P+R Weaste NEW YORK ECCLES Langworthy BIRMINGHAM FRANKFURT Ladywell 217 8 hours Broadway P+R 128 kms (80 miles) 1.5 hours Bowker 1 hour 26 minutes 369 Vale Prestwich Whitefield P+R P P MilnrowNewbold ROCHDAL Mediacityuk Harbour City BURY Newhey TOWN Heaton P Besses P+R Radcliffe Kingsway CENTRE P Anchorage 216 Business Park Railway P Park o’ th’ Barn P P+R Station GENEVA Salford Quays Abraham Moss 100 Shaw and Crompton 2 hours Navigation Derker LONDON Exchange Quay Road Queens 270 P+R DUBAI P+R 290 kms (181 miles) Road 251 7 hours Pomona 2 hours 8 minutes P+R Timperley - Central South Central Oldham PARIS 81 Bar 190 Mumps MANCHESTER 108 Victoria Park Failsworth P+R Chadderton Westwood 1.5 hours P+R Sale Trafford AIRPORT P P St Peter’s Monsall Newton Hollinwood Freehold Oldham Brooklands Dane Market Heath and King Street Shadowmoss Road Cornbrook Square St Werburgh’s Street Moston Road Firswood Shudehill Robinswood Road Peel Hall Road 300 Northern P+R Moor Piccadilly Piccadilly Etihad Clayton Cemetery Ashton MADRID Roundthorn Road Moor Sale 200 Gardens P+R Burton Road Campus Hall Road Audenshaw West 3 hours Water ASHTON- Town Centre Park UNDER-LYNE Crossacres Martinscroft Wythenshawe 302 New Holt P+R SINGAPORE Velopark Edge Lane Droylsden Ashton Park P+R Islington Town 195 West EAST Moss 13 hours Didsbury Didsbury Village

FORD LANE, SALFORD M6 6PE / 04

FORD LANE SALFORD M6 6PE

PROPERTY STRUCTURE

The Property to be conveyed is comprised of:

• FREEHOLD TITLES GM566996 and LA207413 known respectively as 9 Ford Lane, Salford M6 6PE and Land and buildings on the north west side of Ford Lane, Pendleton.

• LEASEHOLD TITLE MAN249647 known as 9 Ford Lane, Salford M6 6PE. Note: This leasehold title comprises of the whole of the two freehold titles.

PROPERTY OWNERSHIP

The Freehold titles are presently owned by 2380 Reversions Limited. However, please note that a process is presently underway to transfer the Freehold titles back to FSL Properties Ford Lane Limited (in liquidation). It is intended that the sale of the Freehold titles will be completed by FSL Properties Ford Lane Limited (in liquidation). The Leasehold title is presently owned by Prime Noble Properties Limited (in administration).

FORD LANE, SALFORD M6 6PE / 05

FORD LANE SALFORD M6 6PE

PROPOSED SCHEME

The scheme has been designed for the residential market adopting an efficient layout around a central circulation corridor and three cores. Passenger lifts are incorporated within two cores and the main pedestrian access point is positioned at the corner of Ford Lane and Greenwood St.

The proposed accommodation breakdown is as follows:

Type Units Mix Average Size ft² Studio 10 8.4% 369 1 Bed 35 29.4% 493 2 Bed 63 52.9% 672 3 Bed 11 9.2% 972 Total 119

36 Car parking spaces are provided to the rear of the site, 9 of which are under croft. Vehicular access to the parking area is alongside the eastern elevation fronting onto Ford Lane. PLANNING

The site benefits from full planning consent (Planning reference: Salford Council 06/53710/FUL).

The most recent planning reference is as follows: 16/69276/FUL

Full details are available via the planning portal. Interested parties are encouraged to make their own investigations regarding the planning status.

FORD LANE, SALFORD M6 6PE / 06

FORD LANE SALFORD M6 6PE

EXISTING CONTRACTOR / WORKS

• Cruden Construction were the Contractor to Prime Noble Properties Ltd.

• Cruden Construction were appointed under a Letter of Intent to undertake detailed design, planning amendments, engineering solutions, demolition of previous buildings, site remediation, piling for the proposed residential development, site security and hoarding.

• The piling works have been completed and Cruden could warrant all works completed to date. All pre-commencement conditions had been discharged (with exception of the remediation strategy being signed off).

• The scheme stopped c. 15 months ago and the site was secured by Cruden until they were discharged by Prime Noble Properties Ltd.

• Cruden appointed the design team comprising CLA Architects (Liverpool) and Bailey Johnson Hayes (Structural Engineers). Contractor’s Proposals, drawings and outline specification can be made available by agreement.

• Cruden Construction is a private limited company, operating in North West , headquartered in Warrington, . The company is an experienced residential contractor with knowledge and experience of different forms of procurement and technical building solutions. The company is accredited to ISO 9001:2008 (Quality), ISO 14001 (Environment) and OHSAS 18001 (Health and Safety) and is supported in its activities by a competent approved PAS91 compliant suppliers and subcontractors supply chain. OFFERS AND EXPRESSIONS OF INTEREST

• Cruden Construction would be prepared to discuss and meet with interested We are inviting expressions of interest before formally requesting offers. parties, however, contact arrangements must be made via JLL or Details regarding offer requirements will be circulated to those parties which have expressed interest. Wignall Brownlow.

FORD LANE, SALFORD M6 6PE / 07 FORD LANE SALFORD M6 6PE

ADDITIONAL INFORMATION CONTACTS

Additional information is available via a dataroom, access GEORGE OAKEY WIGNALL BROWNLOW can be arranged via the joint agents. Contact details for Senior Surveyor Jonathan Brownlow Cruden Construction (contractor) & Condy Lofthouse Residential Capital Markets Partner Architects. [email protected] [email protected] 0161 839 6409 0161 828 6429

© Crown Copyright 2019. All rights reserved. Promap licence number 100020449. Jones Lang LaSalle licence number 100017659. This plan is published for the convenience of identification only and although believed to be correct is not guaranteed and it does not form any part of any contract.

Disclaimer - JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract; b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise; c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken. For properties in Scotland: e. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law. Copyright © Jones Lang LaSalle IP Inc. April 2019. All rights reserved.