Major north Manchester strategic site on market with planning for homes

Major north Manchester strategic site on market with planning for homes

A 47 acre strategic residential development site in north west Manchester has been put on the market by the joint administrators of Ten Acre Limited, Brian Green and Richard Fleming of KPMG, and is being marketed by property consultant Eddisons.

The prime brownfield site, on Ten Acres Lane in Newton Heath, comes with a Manchester City Council resolution to grant planning for up to 500 houses over 36 acres. The site also has consent for 37,700 sq ft of employment space and includes 9 acres of open space.

Close to the Etihad Stadium, Sportscity and with direct rail links from the nearby Central Park train station, the Ten Acres Lane site was formerly occupied by Jackson Brickworks and is part of the wider administration of Lexi Holdings plc, the bridging loans firm which entered administration in 2006.

John Padgett, director and head of agency at Eddisons, said: “The resolution passed by Manchester’s planning committee to grant consent for a major housing development is a game changer for this brownfield land, bringing a vital urban site back to life.

“The development of 500 much-needed new homes will be of huge benefit to the local community, as well as being a superb opportunity for the right developer. This kind of development opportunity does not come along very often and, needless to say, we are already seeing substantial interest in Ten Acres Lane.”

The development will include new vehicle and pedestrian access from the surrounding roads as well as public space landscaping for the 9 acres of open space included in the plans.

For further information contact John Padgett at Eddisons: [email protected]

“The resolution passed by Manchester’s planning committee to grant consent for a major housing development is a game changer for this brownfield land, bringing a vital urban site back to life.''

Written by: John Padgett on Tuesday 17/11/2015