A historic textile warehouse in central Manchester, dating back to 1860, is being brought to the market for the first time with Landwood Group.
With a potential value of more than £2 million, once redeveloped, the 3,400 sq. ft warehouse is one of the “last of its kind” in central Manchester.
Under ownership by the same family using it as a textile business for decades, the property is considered a unique example of a purpose-built warehouse with very little alteration since its 19th Century construction.
Situated in Manchester’s famous and vibrant Village, this property presents an enticing opportunity for the buyer, with potential to refurbish into three or four spacious apartments and/or workspaces, with potential for expansion and further development into the adjacent car park.
Its potential is evident, given its proximity to recently developed townhouse apartments, which sold for over £650,000, showcasing the area’s thriving residential market.
Spread over three floors and a basement, the warehouse boasts a predominantly open-plan layout, with numerous original features.
As leading local agents, with a national reach Landwood Group has been instructed to manage the sale of this architectural gem to a new owner ready to take the property into its next phase of use and occupation.
James Ashworth, Partner at Landwood Group said: “We recognise the importance of this heritage site and are excited to play our part in ensuring the buildings endure for generations to come.”
“Properties as historically significant as this are rare to see. This unique site has withstood the test of time, narrowly escaping destruction during Second World War bombings that destroyed neighbouring buildings.
“It presents a fantastic investment opportunity as one of the last of its kind in the city. With a prime location in Manchester, refurbishment and renovation or development are all options open to a buyer and we expect it to generate a lot of interest and excitement amongst potential purchasers.”
