£1,600,000

Retail premises for sale

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From

£1,600,000

(£228.57/sq. ft)

Retail premises for sale

Swan Street, Manchester M4

7,000 sq. ft

Local area information

Property location

Nearby amenities

  • King of Kings School 0.2 miles
  • Chetham's School of Music 0.3 miles
  • Manchester Victoria 0.3 miles
  • Manchester Piccadilly 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Manchester to find out more about the local area.

Features and description

  • Large glass frontage & basements.
  • Suitable for a variety of uses subject to planning
  • Tenanted & income producing
  • Excellent location
  • Close to Shude Hill Bus Interchange
  • On a busy road (A665)
  • Close to the Manchester Arena
  • Close to the Northern Quarter
  • Potential for an additional floors
Development Opportunity; Prime Manchester City Centre Location
Swan Street, Manchester, M4 5JU

Calling All Developers & Investors
A rare opportunity to acquire up to three commercial properties and a car park in the heart of Manchester's city centre, with individual or combined purchase options. The site offers significant development potential (STP) for a:

Mixed-Use Residential/Commercial Scheme (250+ units)

Hotel or Serviced Apartments

Business Centre or Serviced Office Hub

Retail or Leisure Development

Please note: The site currently does not have planning permission.

At a Glance
Site Location: Swan Street, Manchester, M4 5JU

Transport:
Manchester Victoria 0.3 miles
Market Street 0.3 miles
Piccadilly Gardens 0.4 miles
Less than a 2-minute walk to Shudehill Interchange & Metrolink

Neighbouring Developments:

Adjacent to the 20-acre noma district (2.5M sq ft of office, 1M sq ft residential, 500,000 sq ft retail/leisure)
Close to the Arndale Centre & Manchester Arena

Site Composition & Financial Overview
1. Car Park + 56 & 58 Swan Street
Total Area: Approx. 7,005 sq ft

Car Park 898 sq ft
56 Swan Street 2,029 sq ft
58 Swan Street 4,078 sq ft

Total Rental Income: Approx. £125,000 p.a.

Asking Price: Oiro £1.6M

Current Tenants:

Gourmet Pizzeria £1,500 pcm
Spa £750 pcm
Events Management £950 pcm

Total Rental Income: £3,200 pcm / £38,400 p.a.

Asking Price: Oiro £700K

Potential: Office-to-residential conversion (STP) + potential to add a third floor

Combined Purchase Option
Combined Total Area: Approx. 11,871 sq ft

Combined Rental Income: Approx. £138,744 p.a.

Combined Asking Price: Oiro £2.3M

Planning & Development Potential
No current planning permission

Potential Use Cases (STP):

250+ unit mixed-use scheme
Hotel, Serviced Apartments or Business Centre
Retail or Leisure Complex

EPC Ratings
Band D

EPCs available upon request for each unit

Local Development Context
Manchester City Council has unveiled its regeneration blueprint for New Cross, promoting significant residential and commercial growth in this rapidly transforming area.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Greater Manchester
  4. Manchester
  5. Manchester City Centre
  6. Swan Street