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City Centre Marina Available On A New Lease, New Islington Marina

To rent: ROA|Other, Other Property Types & Opportunities

PROPERTY DETAILS

TO RENTROA
ADDRESSCity Centre Marina Available On A New Lease, New Islington Marina, Old Mill Street, Manchester, M4 6EE
TYPEOther, Other Property Types & Opportunities
TENURETo Let
POSTED ON19th February 2020

DESCRIPTION

Key Points

  • Residential marina at the heart of the New Islington regeneration area
  • Two basins accessed from the Rochdale and Ashton Canals
  • Currently licensed for 49 berths
  • Scope for further business development
  • Offered on a new lease on terms to be agreed
  • Summary

    City Centre Marina Available o a New Lease

    Description

    New Islington Marina forms the focal point of the New Islington neighbourhood which, when complete, will comprise up to 1400 homes, a primary school and doctor’s surgery, all focussed around the marina. The marina is owned by Manchester City Council who have invested in major refurbishment works to the marina infrastructure and the surrounding Cotton Field Park. The City Council wish to identify a long-term partner to operate and further enhance the marina under a lease. This will involve the effective management of the existing marina and liaison with the managers of the wider estate, as well as identifying and delivering opportunities for future complimentary development such as the installation of additional moorings. The marina comprises two basins either side of Old Mill Street, the larger of which has 40 moorings and is accessed from the Rochdale Canal. The smaller basin is licensed for 9 moorings, accessed from the Ashton Canal. Expressoins of interest are being sought 12th March 2020.

    Location

    New Islington is a distinctive neighbourhood sitting on the North Eastern edge of Manchester City Centre within the Ancoats and Beswick Ward. The area suffered economic decline during the latter half of the 20th century, but over the past 20 years the City Council has worked in conjunction with a range of partners to guide regeneration activities, revitalising the physical fabric and economic fortunes of the area. The area now forms part of the extended City Centre neighbourhood.

    Terms

    Interested parties are invited to submit their proposals to take a new lease of New Islington Marina on a going concern basis.

    LOCATION

    Location: City Centre Marina Available On A New Lease, New Islington Marina, Old Mill Street, Manchester, M4 6EE

    Manchester Piccadilly (0.5 miles)

    Ardwick (0.8 miles)

    Manchester Victoria (1.1 miles)

    AGENT'S DETAILS

    PROPERTY AGENT
    Ian Froome
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