Casabel to sell Oxford Road development opportunity

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CGI of proposed scheme

Casabel Property Consultants have been appointed to sell a derelict former bank, prominently situated in the heart of The Knowledge Corridor close to the city centre and The University of Manchester and Manchester Metropolitan University.

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Prime location in heart of The Knowledge Corridor, central Manchester. 

137 Oxford Road was acquired by Casabel on behalf of clients in 2017 in an off market transaction after being vacated by Barclays Bank several years ago. Since then the owner has advanced plans and obtained planning permission to convert the building into 10no. residential studios on the upper floors. There is also ground floor commercial premises with a prime corner position and car parking, which would be suitable for a number of uses (subject to planning), including coffee shop/cafe.

The freehold building is offered with full vacant possession including the benefit of all plans and reports being assigned to the successful purchaser upon completion.

Justin Rouse of Casabel commented, “We are delighted to be instructed to sell this building and are confident this great opportunity will attract interest from developers and investors. We already have several off market enquiries from potential buyers and also from strong commercial operators for the ground floor.”

The property is available immediately and is being offered for sale by private treaty. Interested buyers should contact the sole agent, Casabel Property Consultants on 0161 241 1444.