Industrial for sale

Princes Ltd, Lord North Street

Existing commercial complex located in a popular commercial quarter of Manchester

Total Gross Internal Floor Area of approximately 108,111 sq ft (10,043.8 m sq)

Total Site Area of approximately 4.29 acres (1.736 Ha)

Available as a whole or alternatively as two individual sites

For sale due to relocation

Available from early 2020

A detailed inventory of plant and machinery that will be removed from the property upon completion, is available from the selling agents upon request.

SITE A-Offers are invited in the region of £1,600,000 exclusive. SITE B-Offers are invited in the region of £2,200,000 exclusive. TOTAL SITE-Offers are invited in the region of £3,800,000 exclusive

Princes Limited, Lord North Street, Newton Heath, Manchester M40 2HJ

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The property is prominently located at the junction of Lord North Street and Grimshaw Lane in the area of Greater Manchester known as Newton Heath. Newton Heath is an established commercial area located approximately 2.8 miles north east of Manchester City Centre with a population of 9,883 at the 2011 census. Newtown Heath forms part of the Metropolitan County of Greater Manchester. Newton Heath is the subject of a significant degree of regeneration and is at the forefront of Manchester’s New Media Industry following the development of the Sharp Project off Oldham Road. The surrounding commercial occupiers include Johnson and Johnson and Manchester Council’s Works Depot. The property abuts the Rochdale Canal to the northern boundary of the site and the property is located within easy access of the A62 that provides access to the M60. Newton Heath is located approximately 3.5 miles south of the M60(The Orbital Motorway serving Greater Manchester), which provides access to the National Road network. The area is approximately 1 mile north of the Etihad an area that is under considerable regeneration. The Metropolitan County of Manchester of which the property forms part is the main City serving the North West and had a population of 2,798,800 as at the 2017 mid year estimate. The City benefits from Manchester Airport, which is the third busiest airport in the United Kingdom and also benefits from a Metrolink serving the town centre. Manchester is a well established important commercial centre in the north west.
Local authority: Manchester City Council, Manchester, M60 2LA 0161 234 5000

Transportation

Airports

Manchester 11m, Liverpool 29m

National rail

Ashburys 1.6m, Ardwick 1.6m, Manchester Piccadilly 1.6m

Offers

SITE A - Offers are invited in the region of £1,600,000 exclusive.
SITE B - Offers are invited in the region of £2,200,000 exclusive.
TOTAL SITE - Offers are invited in the region of £3,800,000 exclusive.

Further information

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Planning overview

The site is understood to benefit from planning consent for commercial uses falling within Use Class B of The Town and Country Use Classes Order 1987.

Development potential

The surrounding area is currently the subject of significant inward investment and development and the site may lend itself to alternative uses, subject to the receipt of the relevant statutory consents.

Legal costs

Each party is to be responsible or their own legal costs in respect of the sale of the property.

VAT

It is understood that the property is elected for VAT. All figures in these particulars are quoted exclusive of VAT.

Media store

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Property marketed by:

Quote reference: SALE-38309