FOR SALE 5.1 ACRES (2.06 HA) of Interest to Developers, Investors and Owner Occupiers
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FREEHOLD COMMERCIAL/RESIDENTIAL OPPORTUNITY Land off Liverpool Street MANCHESTER CITY CENTRE Salford, M5 4LJ SALFORD FOR SALE 5.1 ACRES (2.06 HA) Of interest to developers, investors and owner occupiers SALFORD CRESCENT Liverpool Street A6 A5063 ALBION WAY A57 REGENTS ROAD The Site JUNCTION 3 M602 Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ TO M60 / M61 > TALBOT ROAD JUNCTION 3 M602 A57 REGENTS ROAD • Circa 5.1 acre (2.06 hectare) site, with The Site development potential for a range of TO MANCHESTER uses (subject to planning) CITY CENTRE < • Attractive location circa 1.5 miles from Manchester City Centre and Salford Windsor Street A5063 ALBION WAY Quays and circa 1 mile from the University of Salford West Egerton Street • Excellent transport links, with J3 of the M602 and Salford Crescent Train Station both within less than 0.5 miles • For Sale by informal tender Liverpool Street • Current passing rent of £54,750 per annum for leases on part of the site Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ THE TRAFFORD CENTRE TRAFFORD PARK SALFORD QUAYS TO M60 / M61 > A5063 TALBOT ROAD JUNCTION 3 M602 A57 REGENTS ROAD The Site TO MANCHESTER CITY CENTRE < A5063 ALBION WAY Liverpool Street Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ Site Boundary Location Route from J3 M602 The site is situated in a strategic position within ½ a mile of the M602 and 2 miles of the M60/M62, with access to the wider national motorway network beyond. The LIVERPOOL ST property benefits from an existing vehicular access ALBION WAY point off Liverpool Street, Salford, circa 1.5 miles west of M602 RRG Toyota Manchester City Centre. Salford Quays 14 13 The area immediately surrounding the site includes 12 Blackpool A59 WINDSOR ST A650 32 A671 other modern warehouse facilities, trade counter 3 M55 1 M602 4 11 occupiers and car showroom operators. These include M6 10 A6 A59 9 46 JCT 3 A666 8 Burnley A6177 Robins & Day Peugeot, Concentrix, Screwfix, Arrow A583 M65 45 31 A677 7 Leeds M602 W EGERTON ST 6 Preston A560 M621 44 Engineering Components, Topps Tiles, Dulux Decorator Lytham-st-ann's Accrington A603 M606 Blackburn A646 30 M62 Centre, Wolseley. A59 A582 5 28 30 29 A646 HALIFAX 29 29 3 4 1 M65 A58 A56 RAWTENSTALL There are existing residential dwellings located further Leyland 28 DARWEN 25 west along Liverpool Street and apartments (either A57 REGENT RD DEWSBURY M1 WAKEFIELD 8 A58 A565 24 A644 recently completed or currently being constructed) to Cousins A666 Southport 23 Furniture M6 Chorley the east adjacent to Middlewood Locks. M62 HUDDERSFIELD A628 1 22 A58 A59 CarpetrightM61 A642 M66 A637 A570 Salford Rochdale TRAFFORD RD A58 21 38 A5209 Bolton 27 2 A58 20 A58 3 Ormskirk 6 19 A629 M1 A565 A676 A56 M62 BARNSLEY Skelmersdale Wigan 5 A666 Middleton 3 4 37 A635 A59 4 M61 19 A663 Oldham 5 26 3 17 20 M58 16 21 22 1 A627 A580 Local occupiers 25 A58 A570 A628 7 Salford A616 36 THE SITE IS SITUATED IN A 12 A6018 24 M602 1 3 A6010 23 A5036 A580 6 A580 11 23 STRATEGIC POSITION IN CLOSE4 St Helens 10 BUXTON A565 24 2 3 35 M57 M6 9 Manchester M62 3 A58 M1 22 8 A5103 7 A57 PROXIMITY TO THE M602 WITH 102 11 A6 A560 25 A554 A5053 A5058 A57 10 6 34 21A A57 26 1 9 A34 27 A56 5 5 M62 M60 Peak District 6 7 A579 ACCESS TO THE WIDER NATIONAL1 4 3 2 Stockport A553 2 Liverpool 21 2 1 A57 Warrington Altrincham A57 A5300 A557 4 MOTORWAY NETWORK3 BEYOND. 5 A6 20 M56 8 6 Sheffield A561 7 Prestatyn Widnes A56 9 4 MANCHESTER Llandudno A41 LIVERPOOL AIRPORT JOHN LENNON 10 AIRPORT A557 11 M6 Rhyl A523 A61 M53 RIVER MERSEY Colwyn bay 12 19 5 6 Knutsford A34 A55 Rhuddlan A5151 7 M56 8Ellesmere A533 A547 A525 A540 A623 A55 Hollywell A550 9 Port A556 A55 A537 10 14 A537 A548 St. Asaph A49 A548 Northwich Buxton 11 A6 A525 A548 15 A56 Macclesfield A473 A541 A5117 A41 Chesterfield A548 A5026 M53 A556 A5116 A54 A533 12 A34 A617 A494 A53 18 A523 A544 A51 A54 A54 Chester A49 Denbigh A55 Middlewich Congleton A543 A525 A549 Tiverton 17 A530 A41 A51 A483 A534 A527 A49 A34 A525 A495 A53 A500 16 Nantwich A500 A41 A49 A51 Stoke on Trent Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ AN ATTRACTIVE LOCATION CIRCA 1.5 MILES FROM BOTH MANCHESTER CITY CENTRE, AND SALFORD QUAYS. Local Amenities The site occupies an enviable location, sat between all the business and leisure offerings of both Manchester City Centre and Salford Quays. From the cultural highlights of a range of world class galleries, museums and theatres to a host of restaurants and bars all within easy reach. Within minutes you can be enjoying the thriving buzz of the city centre or laid back waterside dining on Salford Quays. All of this with the added benefit of being just minutes from the motorway, providing easy access to the wider North West area. Primary and secondary schools within 1 mile of the site include Holy Family Catholic School (Ofsted Outstanding), Willow Tree (Ofsted Good) and the Oasis Academy MediaCityUK (Ofsted Good). The University of Salford is also located less than 1 mile to the north of the site. Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ Description The site comprises a 5.1 acres (2.06 ha) former gasholder site, which whilst flat and consisting of made ground, is split over two distinct levels. The seller has remediated the site MANCHESTER CITY CENTRE to an ‘open storage’ standard. The former gasholders have been removed and the Hazardous Substance Consent has been recently revoked. SALFORD The extent of the site is shown outlined in red on the site plan on page 7, with the part edged green currently subject to two occupational tenancies to RRG Group, the details of which are outlined below: • Tenant RRG Group Limited. • Both lease terms expire on 10th September 2021. • Combined rent £54,750 per annum. SALFORD CRESCENT Liverpool Street • Either Landlord or Tenant may terminate the leases at any A6 time on or after 21 September 2021 by giving not less than one month’s prior written notice. A5063 ALBION WAY • Landlord may also terminate the leases at any time by giving to the Tenant not less than 3 months prior written A57 REGENTS ROAD notice in the event that Planning Permission is granted for the whole or any part of the premises. • Both leases are excluded from security of tenure provisions. The Site A copy of the leases, a Land Condition Summary report, example HoTs (including non-negotiable environmental provisions) and other further information are available in the data room. JUNCTION 3 M602 A 5.1 ACRES (2.06 HA) A5063 TALBOT ROAD DEVELOPMENT OPPORTUNITY Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ Y LIVERPOOL STREET Development Considerations The site is located within the City Boundary but not allocated for a specific use in the ALBION WA Salford Unitary Development Plan (June 2006), with previous indicative proposals prepared for the site including: • Circa 85,000 sq ft of commercial B2/B8 Units • A series of multi storey buildings providing circa 500 apartments. Salford City Council is proposing highway improvement works to widen Liverpool Street, with the latest indicative plan available on the data room and showing the acquisition of a small section of the site (along the northern boundary). However, prospective purchaser are advised that they must make their own enquiries to Salford City Council in respect of the site’s current and future planning status, as well as the proposed highway improvement works. There is currently a lease for a telecommunications mast on the northern section of the site, which the vendor is currently in the process of surrendering. There are also rights and covenants that relate to conduits that run across the site, including easements relating to WINDSOR STREET underground gas pipelines and third party rights of access across the site from Liverpool Street to the gas compounds to the east and south east of the site. TON STREET Interested parties are advised to review the Title Summary Report and utilities plans available on the data room, as well as to make enquiries with the utilities providers for up to date information. WEST EGER Title The site is held freehold under title numbers MAN237671 and GM863607. Site Boundary Lease Plan Land off Liverpool Street Land off Liverpool Street Salford, M5 4LJ OVERVIEW AERIAL LOCATION LOCAL AMENITIES DESCRIPTION THE SITE FURTHER INFORMATION Salford, M5 4LJ MANCHESTER CITY CENTRE VAT Method of Sale Data Room We understand that the BNP Paribas Real Estate A data room is available site is elected for VAT and have instructions to market containing further therefore VAT may be the site for sale by informal information on the site. chargeable on the sale. tender. Details of the content For access to the data room, of offers and a timeline for please contact the sole submission will be released agents.