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Agent's details

Ford Lane

For sale: POA|0.65 Acre|Residential

Property details

FOR SALEPOA
SIZE0.65 Acre
ADDRESSFord Lane, Salford, M6 6PE
TYPEResidential
TENUREFor Sale Freehold
POSTED ON17th March 2022

Description

Key Points

  • Residential Development Opportunity
  • Full Planning Permission
  • Expressions of Interest Invited
  • 0.65 acre site
  • Summary

    Residential development opportunity benefiting from existing planning permission for 119 units.

    Description

    For further information please contact either of the joint agents. 

    Location

    Excellent location within walking distance of Salford Crescent Station which forms a split point in the Manchester-Preston Line, providing local services to Manchester Victoria, Manchester Piccadilly, and Manchester Airport. There are regular bus services within the vicinity providing access to the A6 with direct services into the city centre and the wider Greater Manchester area with links to key worker employment hubs including; Salford Royal Hospital & Pendleton Sixth Form College. Nearby amenities include Tesco Extra, Aldi, and Salford Shopping Centre comprising shops / services including; Pure Gym, Lloyds Bank, Argos, Home Bargains, Halifax, and Subway amongst others. Salford University Campus, home to over 20,000 students and c 3,000 support staff, is just 10-minute walk from the site.

    Promo

    For Sale

    Instruction

    JLL and Wignall Brownlow are instructed by Prime Noble Properties Limited (in administration) and its administrators, in respect of the Residential Development Site at Ford Lane, Salford, M6 6PE. JLL and Wignall Brownlow are authorised to invite best and final offers.

    Property Structure / Ownership

    The Property to be conveyed is comprised of: - Freehold titles: GM566996 and LA207413 known respectively as 9 Ford Lane, Salford M6 6PE and Land and buildings on the north west side of Ford Lane, Pendleton. Disposal by Adminstrators: By Court Order dated 2 March 2022, Prime Noble Properties Limited in Administration has power of sale of all existing property interests with vacant possession. The sale will be conditional upon Prime Noble Properties Limited in Administration making a Paragraph 71 application to Court to enable the property to be sold free of security.

    Planning

    The site currently benefits from full planning consent (Planning reference : Salford Council 06/53710/FUL). Most recent planning consent number as follows: 16/69276/FUL. Further details are available via the Salford City Council planning portal. Interested parties are encouraged to make their own investigations regarding the planning status.

    Bid Terms

    JLL & Wignall Brownlow are pleased to invite you to submit an offer for the freehold interest in the site ‘Ford Lane’. Interested parties must submit their offer no later than: 12:00 (GMT) on Friday 6th May 2022. All offers must be submitted by email to Jonathan Brownlow (jdb@wignallbrownlow.co.uk) and George Oakey (george.oakey@eu.jll.com). In submitting your offer please re-confirm the below; - a) Purchasing entity – Purchaser & Fund (if applicable) - b) Purchase Price - c) Conditions (if any) - d) Finance (including proof of funds) - e) timetable for acquisition and whether you will be prepared to enter into the Exclusivity Agreement, subject to the payment of a non-returnable Exclusivity Fee, to be agreed between the parties. The purpose of the Exclusivity Agreement is to secure the site at the purchase price for an agreed period ahead of exchange of contracts. - f) Confirm you have reviewed and are satisfied with the technical and legal information available within the data room. - g) Solicitor Details – Purchaser & Fund (if applicable).

    Location

    marker
    Location: Ford Lane, Salford, M6 6PE

    Salford Crescent (0.6 miles)

    Salford Central (1.4 miles)

    Manchester Victoria (1.7 miles)

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