Cygnet House, Taylorson Street South, Salford Quays, Manchester, M5 3BL

Name: Cygnet House, Taylorson Street South, Salford Quays, Manchester, M5 3BL
Address: Manchester

on application

Overview

Development
Property Type

Description

Location

The property comprises a prime development site that currently accommodates an industrial
unit which was constructed circa 1993. The existing building is circa 22,273 sq ft / 2,069 sqm and is of a steel portal frame construction with brick elevations surrounded by a service yard
and car parking area bound by security fencing.

Situated on a site of 1.41 acres providing a site density of 36%. The property's existing
fundamentals offer itself to a prime last mile logistics unit.

TENURE AND AIR RIGHTS
The site is held Freehold under Title Reference MAN196356.

Our client acquired all air space rights above the site in its entirety, offering a fully unrestricted
and unencumbered site.

Situated in a Prime Location in Salford Quays in Greater Manchester, a world-class business,
cultural and residential area.

A high profile site that offers excellent versatility for development in terms of use, scale and massing supporting schemes from 6-storeys up to 23 storeys + (STP) coming with the benefit of all air rights above the site.

Falconer Chester Hall Architects have drafted alternative schemes comprising 3 blocks over 6-storeys, providing either 129 units and 120 hotel rooms, or alternatively 186 units, therefore offering mitigation away from Gateway 2 procedures.

Unrivalled connectivity situated in the heart of Salford Quays and with immediate access into
the Tram Network via Exchange Quay station.

Cygnet house occupies a prime position and is recognised as a key gateway site into Salford Quays, a major regeneration success story having been transformed from redundant Docklands into a thriving community.

Cygnet House is situated a short walk (800m) from MediaCityUK, a national hub for media and technology and home to several industry giants such as the BBC and ITV. MediaCityUK incorporates worldclass office spaces and state-of-the-art production facilities with a lively bar and restaurant scene, offering everything from casual eateries to fine dining, along with trendy bars and independent cafes. This is complemented by a unique leisure offering that includes wakeboarding, canoeing and open water swimming.

Summary

Key points

Prime Development Site extending to c 1.41 acres (0.57 ha)
Implemented planning permission for a landmark mixed-use scheme - two towers of 23 & 16 storeys
Alternative schemes drafted for 3 x 6 storey blocks (residential/hotel and residential)