An exciting redevelopment project fronting onto Princess Street with the rear overlooking the River Medlock. The site is an excellent location and ideal for residential redevelopment. The designs drawn up are for a twenty two storey residential tower block which is situated between the former Factory Records headquarters and the Montana Apartments. Virtually opposite is the Ibis Hotel. To the rear over the River Medlock is the former BBC Site which include the Vita building.NB; Please take note that there are no Right to Light issues with the adjoining building.It is without a doubt a great opportunity and we feel will generate a great deal of interest.Substantial offers are sought for the site in the region of ?600,000.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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