Lot
011
Auction: April 2021 Online Auction 28/04/2021

65 Princess Street, Manchester, Greater Manchester M2 4EG

Property Details
Location
Description
A superb opportunity to acquire a freehold development opportunity in the heart of Manchester City Centre. The building comprises a mid terrace three storey (plus basement) commercial property extending to approximately 268 SQ M (2884 SQ FT). There are a number of exciting potential future uses available to the successful purchaser, the property already benefits from planning permission to be converted into a 8 bedroom boutique hotel whilst a number of the neighbouring occupiers are bar / restaurant operators. The upper floors may lend themselves to residential development, subject to any necessary consents.
Location
The building fronts directly onto Princess Street just off St Peter's square with Manchester Town Hall immediately opposite. There are a wealthy array of hotels, bars, restaurants and cultural amenities available on the doorstep. St Peter's square metrolink provides access to other areas of the City and further afield whilst Piccadilly station is less than 1 mile away.
Accommodation

Ground FloorEntrance Hall, main retail area, W.C., office
Basement
First FloorOffice x 2, male & female W.C.
Second FloorOffice x 2

Outside
Small rear courtyard.
Tenure
Unknown
Planning
Planning permission was approved by Manchester City Council on 22nd May 2020 for the change of use of the existing property into an 8 bedroom hotel (C1). Planning ref 126003/FO/2020. Additionally a planning application has been submitted to convert the property into a single residential unit with a decision yet to be determined. Interested parties are advised to consult the planning department at Manchester City Council for any enquires regarding the planning.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 27TH APRIL AND CLOSES ON WEDNESDAY 28TH APRIL.

3. The property is grade II listed.

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