Central Manchester site with strong redevelopment upside for developers and investors.
Large Victorian building with high ceilings and significant character
Total area c.7,005 sq ft plus 898 sq ft car park
Currently tenanted; unit rents cited at c.£3,200 pcm (£38,400 p.a.)
Brochure also references larger income figures for combined holdings
No current planning permission; major development only STP
Potential to add a third floor and convert offices to residential (STP)
EPC Rating Band D; refurbishment and compliance costs likely
Located by major transport hubs and regeneration area (NOMA adjacency)
A prominent Victorian commercial building on Swan Street offering c.7,005 sq ft across three stories plus basement and an on-site car park. The property is tenanted and producing income, positioned within easy walking distance of Victoria station, Shudehill Interchange and Manchester Arena — a central transport and leisure location attractive to developers and investors.
The site’s principal strength is its development upside: historic character with high ceilings, large glass frontage and noted scope for additional floors or office-to-residential conversion subject to planning (STP). The brochure highlights major mixed-use potential (including schemes up to 250+ units, hotel or serviced apartments) and proximity to large regeneration zones such as NOMA, which supports longer-term demand.
Important practical points are clear and factual: there is currently no planning permission, and EPCs sit in Band D. Reported rental figures in the marketing material vary — the unit-level rents total approximately £3,200 pcm (£38,400 p.a.), while other documents reference larger income figures for combined holdings. The surrounding area shows high deprivation statistics despite strong transport links, so any redevelopment strategy should factor in costs, planning risk and local market dynamics.
This opportunity suits an investor or developer able to manage planning risk and refurb/convert a period commercial asset. It offers immediate rental income with clear scope to add value through refurbishment, change of use (STP) or additional floors — but requires hands-on asset management and a development-led business case.
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