Grove House - NovaLocadocs.novaloca.com/26_8203_635513050748340000.pdfManchester Airport 15 7.6 Home Executive Summary Aerial Map Location Economy & Demographics Situation Description

Residential Redevelopment Opportunity

Skerton Road,Old Trafford,Manchester,M16 0WJ

Grove House

Home Aerial Situation Description Site PlanMap Proposed Scheme Tenure VAT EPC Additional Info ContactProposalExecutive Summary Location Economy & Demographics

http://www.gva.co.uk/6367

Executive Summary

• Residential conversion opportunity of a former 42,500 sq ft (NIA) eight storey office building with outline planning consent for 72 apartments with c.100 car spaces

• Established residential location adjacent to Trafford Bar tram stop and in close proximity to Manchester city centre, Chorlton, Old Trafford cricket and football grounds and Media City

• Potential (stp) to further enhance the planning consent on the current deck level parking area

• Offers in excess of £2,000,000 (Two Million Pounds)

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Manchester


Grove HouseSkerton Road, Old Trafford, Manchester, M16 0WJ

Executive Summary

Old Trafford

Trams to Chorlton and East Didsbury

Trams to Altrincham

Trafford Bar

Exchange Quay

Salford Quays

A501

4 Ta

lbot

Roa

d

A5067

Tennis St

Elshore Road

A56 Cheste

r Road

Trafford Road

Wharfside Way

Manchester Central

Deansgate Oxford Road

GROVE HOUSESKERTON ROAD

Trains to Trafford Park & Liverpool

To Altrincham & M60

Cornbrook Interchange Staiton

White City Retail Park

Tram DepotKellogg’s

Emirates Cricket GroundLCCC

Old Trafford MUFC

Manchester City CentreSalford

Salford Quays

Harbour City

Anchorage

M602 A57 To M60 3

Skerton Road

ALDi



Aerial

BROADWAY

S. LA

NG

WO

RTH

Y RO

AD

ECCLES NEW ROAD

THE QUAYS

THE QUAYS

TRAFFORD WHARF ROAD

TRAFFORD PARK ROAD

TRAFFORD PARK RO AD

CORONET WAY PACIFIC WAY A57 REGENT ROAD A57(M)

WHARFSIDE WAY A5081

A5081

STRETFORD ROAD A5067

A506

3

A604

2

ORDSA

LL LA

NE A

5066

CRESCENT A6

MO

SLEY ROA

D A

5181

TRAFFO

RD

ROAD

A5063

A56

CHES

TER RO

AD

A

56 CHESTER ROAD

A56 A

5067 CH

ORLTO

N RO

AD

TEN

AX

ROAD

A5

76

CEN

TEN

ARY

WAY

A57

6A576

J3

J2

J9

J8

SEYMO

UR GRO

VE

UPPE

R CHORL

TON R

OAD

WARW

ICK RO

AD

ELSINORE

RD

SKERTON

ROAD

EDGE LANE A6010 WIBRAHAM ROAD A6010

AYRES ROAD

A56


Trams to Chorlton and East DidsburyTrams to Altrincham

Deansgate

Trafford Bar

Manchester Central

Cornbrook

Trams to Eccles

Pomona

Exchange Quay

Salford Quays

Anchorage

Broadway

MediaCityUK

Harbour City

Langworthy

Trains to Liverpool

Manchester City Centre

Ordsall

Trafford Park

Salford Quays



Old Trafford MUFC

The Lowry

Imperial War MuseumLowry Mall Outlet

To Altrincham & M60

M602

To M60



Map

Location Manchester is the largest commercial centre outside London and is the administrative, educational and retail capital of the North West region. It is located approximately 55km (34 miles) east of Liverpool, 64 km (40 miles) south west of Leeds and 130 km (81 miles) north west of Birmingham.The city has an excellent motorway network including the M6, M56, M62, M66, M602 and the M60 orbital motorways. It is estimated that approximately 6 million people are located within a one hour’s drive time and 60% of the UK’s population within a two hour drive time.

In addition to these excellent road links, Manchester is served by two large train stations being Manchester Piccadilly and Victoria Stations, with a fastest travel time of approximately 2 hours 6 minutes to London Euston.

In addition to the mainline train service, the cities Metrolink trams provide an extensive network between Bury to the north and Altrincham to the south. The Government has confirmed that a budget of £520 million is available for additional extensions to this service to Oldham and Rochdale, along with the East and South Manchester conurbations.

Economy & DemographicsGreater Manchester is home to a population of 2.6 million people and is the UK’s largest regional centre with an estimated £50 billion of GDP. The economy is diverse with an estimated 70 of the FTSE 100 companies being represented together with around 50 international banks and over 600 major overseas companies.Major employers within the city include The Co-Operative Group, Bank of New York and Royal Bank of Scotland plus other legal and professional firms which together account for approximately 30% of all office employment in the city.

Manchester has one of the largest student campuses in Europe with approximately 100,000 students at four universities providing the city with leading-edge research and development capability together with a highly-qualified workforce. Manchester boasts a high graduate retention rate, with about a quarter of students continuing to live in Manchester after their studies.

The University of Manchester ranks within the top 100 universities globally, this reputation has helped attract over 16,000 international students to the city.

Drive Times & Distances

Mins Miles

Salford Quays 5 1.3

M602 J3 6 1.9

M60 J7 8 2.7

Manchester City Centre 10 2.6

Manchester Airport 15 7.6



Location Economy & Demographics



SituationGrove House is situated at the junction of Skelton Road and Tennis Street access from Seymour Grove (B5127) approximately 1.5 miles to the southwest of Manchester city centre. The immediate area comprises a mixture of residential and commercial uses including office, retail, leisure and manufacturing. The site is adjacent to an Aldi food store and in close proximity to Trafford Bar tram station. Trafford Bar tram station forms a main connection point which has trams heading towards the city centre along both the Altrincham and East Didsbury lines coming in from South Manchester. Once the Airport extension is completed in 2016 this line will also connect to Manchester travelling through Trafford Bar.

The local area benefits from excellent communication links are excellent with regular bus services into the city centre from Seymour Grove and the road network enabling easy access to the Chester Road (A56), M602 and M60 motorways.

The popular residential suburb of Chorlton is situated approximately 1 mile to the south accessed directly via Seymour Grove (B5127). In addition, both Old Trafford cricket ground and Old Trafford football ground are within a 10 minute walk of the site.

DescriptionThe property comprises a former office building with regular rectangular floor plates over ground and eight upper storeys totalling approximately 42,500 sq ft (GIA). Internally, the centrally located core comprises two passenger lifts with two additional stairwells affording access to all floors. The building has been stripped internally providing open plan space.Externally, the property benefits from a two level car deck providing over 100 car spaces on a secure site extending to 0.836 acres (0.338 hectares).

View aerial

Site Plan



Situation Description Site Plan

A5014 Talbot Road

A56 Chester Road

Wharfside Way

Elshore Road

Skerton Road


Trafford Bar

Weaste

MediaCityUK

Trams to Manchester City Centre

Old Trafford

Trams to Eccles

Trains to Manchester City Centre

Trafford Park

Trams to Salford Quays & Manchester

City Centre

Trafford Road

Tennis St

Back to os planTrams to Chorlton and East Didsbury

Trams to Altrincham

Trains to Liverpool


Tram Depot

ALDi


Old Trafford MUFC

Salford Quays

Trafford Park

To Altrincham & M60

The Lowry

Imperial War MuseumLowry Mall Outlet

Kellogg’s





G02

G03

F01

F02

F03F04

F05

F08

F06

F07

G01

G04

Bath

Entrance Lobby

ExistingLift 1

ExistingLift 1

ExistingLift 2

Fire Exit Fire Exit

UpUp

Post Box W

all

Kitchen

Dining

Lounge

Bed 2 Bed 1ElectricalRoom

ElectricalMeter Room

PostRoom

G06

G05

G07

G08

ExistingLift 2

G02

G03

F01

F02

F03F04

F05

F08

F06

F07

G01

G04

Bath

Entrance Lobby

ExistingLift 1

ExistingLift 1

ExistingLift 2

Fire Exit Fire Exit

UpUp

Post Box W

all

Kitchen

Dining

Lounge

Bed 2 Bed 1ElectricalRoom

ElectricalMeter Room

PostRoom

G06

G05

G07

G08

ExistingLift 2

Proposed SchemeOutline planning consent has been obtained for the conversion of the building to 72 self-contained apartments comprising 37 one bedroom and 35 two bedroom apartments divided eight per floor.The gross internal floor area of the 72 apartments proposed extends to 40,474 sq ft (3,760 sq m). An individual break down of units can be provided upon request as a guide only.

There may be potential (subject to planning) to increase the density of the current proposed scheme.

G01 1 Bed 46 sq m

G02 1 Bed 42 sq m

G03 2 Bed 64 sq m

G04 2 Bed 59.7 sq m

G05 1 Bed 41 sq m

G06 1 Bed 46 sq m

G07 1 Bed 47 sq m

G08 1 Bed 54 sq m

F01 1 Bed 45.2 sq m

F02 1 Bed 43.7 sq m

F03 2 Bed 63.8 sq m

F04 1 Bed 42.1 sq m

F05 2 Bed 58 sq m

F06 2 Bed 63 sq m

F07 2 Bed 67 sq m

F08 1 Bed 44.5 sq m

Ground Floor Accommodation

First Floor Accommodation



Proposed Scheme

TenureFreehold.

VATThe property is elected for VAT purposes.

EPCA copy of the EPC for the property can be provided to interested parties or downloaded from our website.

Additional InformationThe following additional information can be found at www.gva.co.uk/8203

• Decision notice.

• Certificate of passing plans.

• Floor plans for the proposed scheme.

• Schedule of proposed floor areas.

• There are currently two telecom masts that produce circa £17,500 per annum of additional income. Full information can be provided to interested parties.

ProposalWe are instructed to seek offers in excess of £2,000,000 (Two Million Pounds) for the freehold interest with the benefit of the outline planning consent subject to contract and exclusive of VAT.



Tenure VAT EPC Additional Info Proposal

Further informationPlease click on an icon below:

Gurminder Manak 0161 956 4105 [email protected]

Gareth Conroy 0161 956 4477 [email protected]

For any other investment sales please visit:gva.co.uk/investmentSUBJECT TO CONTRACT SEPTEMBER 2014

EmailGurminder Manak

EmailGareth Conroy

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mailto:[email protected]

http://www.gva.co.uk/investment

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GVA Grimley Limited Conditions under which Particulars are issued GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agentsthey are, give notice that:1.) The particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offeror contract. 2.) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to becorrect but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctnessof each of them. 3.) No person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation tothis property. 4.) All rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of the Controller of HMSO. Crown Copyright reserved. Licence No 774359. If applicable, withconsent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only. September 2014 08

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Grove House - NovaLocadocs.novaloca.com/26_8203_635513050748340000.pdfManchester Airport 15 7.6 Home Executive Summary Aerial Map Location Economy & Demographics Situation Description