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Pete House Oxford Street Manchester M1 5AN

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Land Development Opportunity

INVESTMENT PROPOSAL

Prime Residential Development sites in Manchester & East Sussex seeking a joint Venture Partner. Guide Price £4,400,000 for 50% Share of the Assets for 4 prime development sites subject to Pre-Planning Approval.

JV Partner should have a successful track record in residential property development leading the planning and design & build effort.

Planning proposal for the redevelopment of the 4 sites, the scheme will provide a total of 155 private apartments. We are seeking Expressions of Interest from interested parties to participate as equal joint venture partner. Expressions of Interest should be made in writing addressed to: Robert Parsons @ [email protected]  offers submitted should be made in writing should not relate to any other offer and should include:

  • Any conditions relating to your offer
  • Proposed timeframes
  • Solicitor’s details
  • Confirmation of funding

Summary of proposal:

  • Joint venture partner sought for the redevelopment of 4 prime sites
  • Pre-planning scheme for 155 residential units in total
  • Total GDV potential ~ £21,00,000 plus
  • Expressions of Interest by September 2018

 

Site description:

Site 1      1.5 Acres      Situated in the Manchester suburb known as Swinton in the borough of Salford on the north western side of the city: approx. 50 two beds

The property is located in the Manchester borough of Salford, in the area known as Swinton. It lies on the north western outskirts of the city, approximately 5 miles to the northwest of the City centre and approximately 1 ½ miles inside the M60 ring road. The surrounding area is predominantly residential although with a housing mix ranging from Victorian to modern day. There are houses to front, sides and rear and a public house directly to the front. Local shopping facilities are within walking distance.

The property is more particularly situated on the southern side of Worsley Road, between the junctions with Daccamill Drive and the East Lancashire Road (A580)

Site 2      0.70 Acre     Situated in the Manchester area known as Flixton in the borough of Trafford on the western side of the city approx. 36 one & two beds

The property is located in the Manchester borough of Trafford, in the area known as Flixton. It lies on the western outskirts of the city, approximately 5 miles to the southwest of the City centre and approximately 1 ½ miles outside the M60 ring road. The surrounding area is predominantly residential and is close to the local shopping facilities.

Site 3      0.8 Acre        Situated in the Manchester area close to Urmston town centre and close to local shops and restaurants in the borough of Trafford on the western side of the city.  Approx. 44 one & two beds

Site 4      1.0 Acre

Market town situated within East Sussex close to Tunbridge Wells in Kent.  The town is in close proximity to Brighton, Eastbourne and London and is well located for transport links close to the A26 and A22 trunk roads which run from London in the north to the south coast.  The property is more particularly situated within an affluent residential area approximately half a mile from the town centre.  The immediate area is mature in nature and comprises old period buildings with mature trees, shrubbery and foliage.  Approx. 25 two beds

These site descriptions may be subject to change dependant on council planning.

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