Student Living That's Far From Run-of- the-mill Welcome to The Mill Welcome to The Mill, 107 deluxe studio apartments set in the heart of Lancaster’s thriving student community. A refurbished Victorian mill, the property combines all the amenities of modern student living with the rustic charm of Lancaster’s industrial history. Nestled in Lancaster’s greenbelt, the property boasts an unbeatable location as the closest privately built student accommodation to Lancaster University campus. Combined, these factors make The Mill one of the city’s most desirable properties for students and investors alike. Don’t miss your chance to own a piece of Lancaster’s past, present, and future. The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 2 3 The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 4 Investment Highlights The closest modern PBSA to Lancaster University Campus Prime new-build development comprising of 107 units Located in an area with no rival development potential Luxury amenities including cafe, cinema, gym and games room. 8% NET yield assured for 5 years Targeting a new demographic of students with affordable luxury living Highly experienced developer with years of management and letting experience Tap into a high-demand market, there are almost 10 returning students from outside the region for every purpose-built bed space in the city. Entry level of £85,000 5 Why Lancaster? Set within easy reach of some of Britain’s most breathtaking landscapes – including the Lake District, Forest of Bowland, and Yorkshire Dales – Lancaster is truly an enviable city to live in. First settled as a Roman outpost in 1st century AD, the city boasts a long and illustrious history, both as an important regional centre and as home to one of Northern England’s premier seats of learning. Yet, with a population of just 138,375, it retains a homespun feel distinct from some of its larger neighbours. As the county town of Lancashire, it possesses excellent transport links with the rest of the region and the UK as a whole. Lancaster is located just 52 miles north west of Manchester and provides easy access to the M6 for routes to Scotland, London, and Southern England. Lancaster is also on the West Coast Mainline, providing fast, direct connections to all of the UK’s major cities including Edinburgh, Birmingham, Glasgow, and London. Travel to local centres such as Liverpool, Leeds, and Manchester is served by a regular regional service. And, with Manchester International Airport and Liverpool John Lennon Airport both approximately 70 minutes away, residents benefit from a choice of over 90 destinations globally. The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 6 7 Attracting 12,960 students from 142 countries during 2017/18 The Institution attracted 8,635 students in 2016/17 Student population has increased at a rate of 16% P/A since 2008/09 Lancaster is home to over 18,000 students Lancaster University is among the best the uk has to offer 8 Lancaster: The Student Market Lancaster is home to over 18,000 students and hosts two higher education institutions: Lancaster University and The University of Cumbria’s Lancaster campus. Lancaster University is among the best the UK has to offer. Consistently ranking in the top 10 of all three major national league tables, the institution is also within the top 1% of universities globally. In addition, Lancaster sits 3rd for graduate-level employment in the Times and Sunday Times’s Good University Guide 2019. As a result, it’s an extremely popular destination, attracting 12,960 students from 142 countries during 2017/18. And, it’s growing. The student population has increased at a rate of 16% P/A since 2008/09 - well above the national average of 12%. The city’s smaller institution, The University of Cumbria, specialises in agriculture and natural sciences and operates across six campuses throughout Cumbria and the North West. The institution attracted 8,635 students in 2016/17 and has grown continually since being granted full university status in 2007. The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 9 Floor Plans Our extensive experience in both student developments and lettings, means we know exactly what to offer in order to please both investors and student tenants alike. Aiming squarely at the luxury end of the market, our apartments are far larger than what the current market has to offer. And our onsite, games, café, gym and study facilities help create a thriving student community within its four walls. The museum on the first floor is a permanent exhibition of some of the old mill machinery that has been carefully removed from the original site. The building is the world’s first mechanical silk mill, dating back to 1700, and we were keen to showcase this and preserve its important historical heritage. Each apartment is built to a high specification and a full furniture pack can be provided. The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 10 Proposed Ground Floor layout 01 02 03 04 05 N All rooms to have individual air conditioning, heating system, Notes Project Title: Status: Silk Mill Concept Four Architects Limited (11613893) WIFI and Broadband Note: Location: Scale: Date: This drawing is copyright. Do not scale dimensions from drawings. Chapel Lane - GALGATE 1:100@A1 05.06.2019 All dimensions must be checked on site by contractor or A r c h i t e c t s suitable qualified individual. Drawing Title: Job Number: Drawing Number: Revision: Contractor to report any discrepancies, errors or omissions 7th Floor, Neo Building, Charlotte Street, Manchester, M1 4ET prior to commencing work. Sketch 19-013 - SK01 - Tel. 0161 470 7969 Email. [email protected] 11 Floor Plans EXISTING CHIMNEY PROPOSED CONVERSION TO STUDENT TO BE ACOMMODATION & MUSEUM REUSED Proposed First Floor Layout N BESPOKE SILO - WOOD PELLET FEED UTILITY SHAFT EXISTING WATER TANK PIPE EXISTING FIRE HOSE WATER PIPE S UP D UP EXISTING LIFT DOOR TO BE REFURBISHED AND REINSTATED FOR DECORATIVE PURPOSES ONLY Room 06 Room 07 STOCK ROOM LAUNDRETTE ROOM 08 • All dimensions and levels to be NO PUBLIC OR STUDENT USE 0624 m² 26 07m² 13 m² 13 m² 0822 m² checked on site. PLANT ROOM FOR LIGHTING, HEATING,VENTILATION AND DUCTING h • Any discrepancies are to be reported to S t D SMOKE or the Architect before any work SHAFT N commences Smoke detectors to be fitted All corridor doors on all floors should be 30 min fire resisting and in all the corriodors on all S be fitted with a compliant self closing device S • This drawing shall not be reproduced floors at 12 metre intervals D D ROOM09 09 without express written permission from 19 m² UK MILLS LTD GLAZED S LIFT D • This drawing shall not be scaled to ascertain and dimensions. work to Room22 22 Room29 29 figured dimensions only. 19 m² OBS GLAZING AND 19 m² ALL ROOMS TO HAVE MANUAL BLINDS INDIVIDUAL AIR CONDITIONING, ROOM 21 SYSTEM HEATING SYSTEM, WIFI AND 1921 m² BROADBAND ORIGINAL STRUCTURE OPEN TO VIEW ROOM 10 1020 m² 0m 2m 4m 6m 8m 10m ATRIUM 41 m² S D ROOM 28 Room23 23 1928 m² VISUAL SCALE 1:100 @ A2 19 m² ROOM20 20 20 m² WINDOWS TO BE SEALED. A SECOND INTERIOR PILKINGTON OPTIPHON HIGH QUALITY ACOUSTIC LAMINATED GLASS BARRIER TO BE INSTALLED TO OFFER NOISE REDUCTION. ROOM24 24 27Room 27 ROOM11 11 19 m² 19 m² 26 m² UK MILLS LTD ROOM 19 18 m² S 19 D UP THE MILL, GLASS CHAPEL LANE, 25 FLOOR ROOM 25 26ROOM 26 20 m² 20 m² GALGATE, SMOKE LANCASTER, ROOM 18 SHAFT ROOM12 12 22 m² 25 m² LA2 0PR 18 S S D D PROPOSED FIRST FLOOR RECYCLING STORAGE Project number 01 Date 25/02/2015 Drawn by A P ROOM17 17 ROOM16 16 ROOM15 15 ROOM14 14 ROOM13 13 24S m² 21 m² 20 m² 21 m² 20 m² D Checked by A.H & I.P EXISTING TOILET TOWER TO BE REFURBISHED AND LB16 RETAINED FOR DECORATIVE PURPOSES ONLY STUDENT ENTRANCE GLASS ROOF Scale 1 : 100 The Mill Chapel Lane, Galgate, Lancaster LA2 0PR 12 PROPOSED CONVERSION TO STUDENT EXISTING CHIMNEY TO BE ACOMMODATION & MUSEUM REUSED Proposed second Floor layout N UTILITY SHAFT EXISTING WATER TANK PIPE EXISTING FIRE HOSE WATER PIPE UP DN UP • All dimensions and levels to be EXISTING LIFT DOOR TO BE REFURBISHED AND REINSTATED checked on site. FOR DECORATIVE PURPOSES ONLY ROOM 30 ROOM 31 Room 32 ROOM 33 ROOM 34 NO PUBLIC OR STUDENT USE 19 m²30 2031 m² 3220 m² 3320 m² 19 m²34 PLANT ROOM FOR LIGHTING • Any discrepancies are to be reported to VENTILATION, HEATING AND DUCTING the Architect before any work h DN SMOKE t commences SHAFT or EXISTING WALL TO REMAIN N • This drawing shall not be reproduced without express written permission from Smoke detectors to be fitted S All corridor doors on all floors should be 30 min fire resisting and S in all the corriodors on all be fitted with a compliant self closing device UK MILLS LTD floors at 12 metre intervals D D S D ROOM 35 1935 m² • This drawing shall not be scaled to GLAZED ascertain and dimensions. work to LIFT figured dimensions only. 55 48 OBS GLAZING AND MANUAL BLIND ALL ROOMS TO HAVE ROOM 47 ROOM 48 SYSTEM ROOM 55 INDIVIDUAL AIR CONDITIONING, 19 m² 19 m² 19 m² HEATING SYSTEM, WIFI AND 47 BROADBAND 0m 2m 4m 6m 8m 10m ROOM 36 20 36m² VISUAL SCALE 1:100 @ A2 ORIGINAL STRUCTURE ROOM 54 49 OPEN TO VIEW 5419 m² ROOM 49 ROOM 46 19 m² 2046 m² WINDOWS TO BE SEALED.