About This Listing
Modern Apartment for Sale Lindencourt House, M1 4FD
The property is located on the south west of Charlotte Street at its junction with Faulkner Street in the heart of Manchester City Centre.
Piccadilly Gardens is within close proximity and provides easy access to transport links including Metrolink and bus services. Piccadilly Train Station is less than 0.5 miles to the east. The property sits on the edge of China Town which boasts a wide range of long established restaurants.
All City Centre shops, hotels, restaurants, bars etc are within close proximity.
The property comprises a Grade II listed five-storey, mid-terraced brick building from the period. The accommodation spans a basement, ground floor, and four upper modern apartment for sale Lindencourt House M1 floors. So, part of the ground and the upper floors are vacant in shell form and in need of redevelopment.
Part of the ground floor is occupied by YUZU, a well-established Japanese restaurant. A new 10-year lease has been agreed at £20,425 per annum. The basement is occupied by a Karaoke bar t/a Vina Karaoke on a 14 year lease from 1st September 2023 at a rent of £38,500pa. The total passing rent is £58,925pa. Further lease details contained within datalink available on request.
PLANNING OPPORTUNITY
Part ground and uppers are fully vacant in shell form and suitable for redevelopment. Our client has secured planning and listed building consent for the conversion to high end character offices as follows:
Listed modern apartment for sale Lindencourt House M1 4FD building consent for internal and external alterations in association with renovation of existing office accommodation within the building including installation of internal lift, new windows, and internal reconfiguration. Planning ref 136926/LO/2023.
Our client has assembled a project team, and the refurbishment works have been fully tendered, making this a ready-to-go opportunity. Further details can be provided on request.
The property would also suit a variety of uses eg modern apartments for sale -Lindencourt house, boutique hotel, serviced modern apartment sale Lindencourt House M1 4FD, aparthotel, education, clinic (all subject to obtaining any necessary consents). So, it included converting the existing warehouse into 12 self-contained apartments with common areas, boundary enhancements, and external treatments. Planning ref: 110785/FO/2015/C2. Contact us!
