We are thrilled to announce a significant addition to our Manchester portfolio with the £1.6 million acquisition of a substantial commercial property, prominently located at the corner of Cheetham Hill Road and Bent Street. This strategic purchase comprises four versatile units, currently configured for showroom, storage, and office use, situated in one of Manchester’s most dynamic commercial districts.
A Commanding Corner Presence
This property occupies a highly visible corner position directly on Cheetham Hill Road (A665), a major arterial route carrying substantial traffic flow just north of Manchester city centre. Its junction with Bent Street further enhances its prominence. This prime location offers excellent exposure and accessibility for businesses seeking to establish or expand their presence in a busy, well-connected area. The four units provide flexibility for various commercial operations, capitalising on the inherent strengths of this location.
Embedded in Cheetham Hill’s Commercial Heart
Cheetham Hill is renowned throughout the North West for its unique and bustling commercial environment. Historically famous as Manchester’s wholesale fashion and textile district, it remains a vibrant hub of activity, characterised by:
- A dense network of wholesalers and independent retailers.
- A diverse range of businesses catering to a multicultural community.
- Constant energy and high levels of commercial footfall and traffic.
This property is perfectly positioned for businesses looking to tap into this established and energetic trading ecosystem.
Neighbouring Transformational Growth
Beyond its intrinsic strengths, the Cheetham Hill area is strategically positioned adjacent to one of the UK’s most ambitious regeneration projects:
- Victoria North: This £4 billion initiative is reshaping 390 acres immediately south/southeast of Cheetham Hill. Over the next two decades, it will deliver 15,000 new homes, expansive new parks like City River Park, enhanced infrastructure, and potentially new transport links (including a proposed Metrolink stop at Sandhills). The sheer scale of Victoria North is expected to significantly uplift the surrounding areas, bringing thousands of new residents and stimulating further investment.
- Local Investment: Regeneration efforts are also focusing closer to the property. Funding has been allocated to develop a regeneration business case for the nearby Strangeways area, and new affordable housing projects are already underway within Cheetham Hill, signalling confidence and investment at a local level.
A £1.6 Million Vote of Confidence
Our £1.6 million investment in this property underscores our strong belief in its long-term value and the future prospects of the Cheetham Hill area. Securing a versatile commercial asset in a proven, high-traffic location that stands to benefit directly from massive nearby regeneration presents a compelling opportunity. We see fantastic potential here, driven by both the existing commercial dynamism and the transformative changes happening on its doorstep.
We are excited by this significant acquisition and look forward to managing this prime commercial property, contributing to the continued vibrancy and success of the Cheetham Hill Road corridor as Manchester continues its ambitious growth journey.
