Development Site at 200 Dantzic Street, Manchester, Lancashire, M4 4JS

Guide Price* : £5,000,000

Upon Instructions of

Administrators

  • Development opportunity
  • Planning permission was granted on 19/12/2013 for the development of two buildings comprising of 344 residential apartments and a mix of commercial accommodation together with 274 car parking spaces, courtyards and landscaping
  • Potential to enhance the scheme (subject to planning)
  • Site area 1.96 acres (0.79 hectares)
  • Vacant possession

Description

The property comprises two prominent and irregular shaped level sites totalling about 1.96 acres (0.79 hectares). The sites are fenced and have been cleared and benefit from vehicular access directly from Dantzic Street.

Location

Summary: The site is located to the east of Dantzic Street and to the north of Gould Street within the Northern Gateway to the north of the city centre
Miles: Liverpool 35 miles, Leeds 44 miles, Preston 33 miles, Stoke-on-Trent 46 miles
Roads: A62, A665, A56, A6
Rail: Manchester (Victoria), Manchester (Piccadilly)
Air: Manchester Airport

Tenure

Freehold

Planning

Planning permission was granted on 19/12/2013 (Application Number 103382/FO/2013/N1) for the erection of a mixed use development comprising of two buildings, each a maximum of fourteen storeys, comprising a total of 344 residential apartments (Class C3), 810 sq m of commercial accommodation (Class A1 Retail, Class A2 Financial and Professional Services, Class A3 Restaurant/Cafe, Class B1a (offices) and Class D1 non-residential accommodation or use as a Launderette (Sui Generis use)) with associated servicing, car parking, private residential courtyards and landscaping, and access from Bromley Street.

Planning Authority

Manchester City Council (01612 344516) www.manchester.gov.uk

Bidder Registration

In order to bid you will be required to provide proof of identification, proof of address and source of funds before being authorised to bid.

We will also require you to pay our firm a deposit of £500,000 (Five Hundred Thousand Pounds) in order to be authorised to bid and this deposit will be held by LSH in our client account. You will be required to pay the balance of the full 10% deposit (if this amount is different from the amount of the deposit that has already been paid), together within the auctioneer's administration fee of £990 (inclusive of VAT), within two business days of the auction closing date.

The deposits that LSH are holding in our client account for the unsuccessful bidders will be released in full within two business days of the auction closing.

Please see our Online Bidding and Registration Guide for further information.

Registration for bidding will close at 17:30 on Tuesday 24/04/2018, after which we cannot guarantee that authorisation to bid in the auction will be granted.

Glossary

A Glossary of some common auction terms and an explanation around them to assist you with your purchase can be found here.

VAT

VAT is applicable at the prevailing rate

Energy Performance Certificate

No EPC required

Contact

Vendor's solicitor

Lester Aldridge LLP
Alex Harwood
02380 827455
alex.harwood@la-law.com

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

Log in to view your status

Sold for £5,200,000

This auction lot is now closed.

Auction Ended

Connecting to server...

The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


Office Contact

Contact
020 7198 2284

Vendor

Administrators

Vendors Solicitor

Alex Harwood
02380 827455

Agreement Documents


Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2019

Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including 574, and their joint agents if any ("LSH") for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.