Land For Sale £1,950,000
Oldham Street, Manchester M4

The property comprises a substantial double-fronted retail showroom in a prominent position with two stories plus basement and rear parking space.

Site address: 56-58 Oldham Street & 49 Spear Street

The site offers development potential for a variety of different uses subject to obtaining planning permission and the necessary consents.

According to the Valuation Office the existing building on a net basis has a total area of 662.19m2 (7128 Sq.ft.)

56 Oldham Street
The ground floor comprises of a shop with rear stores / offices. The upper two floors provide ancillary storage accommodation which could be converted to office premises.
To the rear there is a loading bay.
Gross Frontage 24ft
Shop Depth 35ft
Built Depth 75ft
Ground Floor 1,215 sq. ft.
Basement 1035 sq. ft.
First Floor 880 sq. ft.
Second Floor (56 & 58) 2,980 sq. ft.

58 Oldham Street
The ground floor is at present trading as a shop with offices and stores to the rear. The first floor is presently a retail/storage area with offices to the rear. The second floor provides ancillary storage accommodation to which access is gained via 56 Oldham Street.
Gross Frontage 15ft
Shop Depth 91ft
Built Depth 123ft
Ground Floor Shop 1,848 sq. ft.
Basement 2,070 sq. ft.
First Floor 2,100 sq. ft.

Total area approximate for 56 and 58 Oldham Street & 49 Spear Street: approx 11,200 sq. ft.

Oldham Street and Spear Street is fast improving with several developments currently having been completed or underway in the immediate location some of which set a precedent for increasing height to 7-8 storeys (subject to planning and subject to obtaining any necessary consents).
Developments in the location include:
53 Spear St/60 Oldham St
76-82 Oldham St/Spear St