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Swan Street, Manchester, M4 5JU

North West

£1,600,000
Listed on 30/04/2025

Property Details

Bedrooms
N/A
Type
Detached house

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

For 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 options for individual or combined purchase. This site offers significant development potential (STP) for a range of uses, including:

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.

Location Overview

Site Address: Swan Street, Manchester, M4 5JU

Transport Links:

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 office, 1M sq ft residential, 500,000 sq ft retail/leisure)

Close to the Arndale Centre & Manchester Arena

Site Composition & Financial Overview

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) with the 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 Uses (STP):

250+ unit mixed-use scheme

Hotel, serviced apartments, or business centre

Retail or leisure complex

EPC Ratings:
Band D (87-98)
EPCs available upon request for each unit.

Local Development Context
Manchester City Council's regeneration plan for the New Cross area supports significant residential and commercial growth, making this an exciting investment in a rapidly transforming district.

Location

Swan Street, Manchester, M4 5JU
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