The Bank Of Barboda, 50 Swan Street, Manchester, Greater Manchester M4 5JU

Online Auction 16th-17th April 2024

Former Bank Approximately 5,436 SQ.FT With Parking – May Suit Development (STP)

Banking hall and offices dating from the 1960s. providing accommodation over basement, ground and two upper floor levels beneath a flat roof.

Internally the property provides a ground floor banking hall, with ancillary storage within a basement, whilst the mezzanine and upper floor levels provide office and further ancillary space.

The ground floor is largely open plan in form having a typical banking hall layout, with a partially glazed screen separating the public and staff areas, with two private meeting areas and WC facilities.

The mezzanine over sails the ground floor with glazing overlooking the banking hall.

The Western section of the first floor provides welfare facilities to include male and female WCs with a staffroom.

The balance of the upper floors are currently separated from the banking hall space, albeit that there is a single point of access via the staff canteen. The balance of the first floor and the second floor can be accessed via a separate access and stairs from Mason Street.

The first and second floor office space are similarly specified having a mixture of open plan and cellular accommodation formed with demountable partitioning.

Access to both floors is via a staircase with WC facilities at a half landing.

Externally forecourt car parking is provided for at least 3 vehicles.

The site area extends to approximately 0.09 acres | 0.03 hectares.

The property may suit development subject to the required consents being obtained.

Tenure: freehold
Title number: GM616485
Council Tax Band : n/a
Local Authority: Manchester

Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Accommodation: The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and International Property Measurement Standards (IPMS) and is arranged as follows:

Description Net Internal Area
Sq m Sq ft

Ground Floor
Banking Hall and Ancillary 134.1 1,443
Mezzanine Floor
Offices 41.7 449
First Floor
Staff Welfare Facilities 30.1 324
Offices 62.8 676
Second Floor
Offices 135.3 1,457
Basement
Storage and Ancillary 101.0 1,087

Total Net Internal Area 505.0 5,436
Location: Prominently located on the north easterly fringe of Manchester City Centre east side of Swan Street (A665) part of the Ring Road, between Rochdale Road and Oldham Road with a plethora of recent developments in close proximity.

Significantly the property is located within area covered by a Strategic Regeneration Framework - Manchester Northern Gateway dated February 2019. The property is located within an area to be known as New Cross
Important Information Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
ANTI-MONEY LAUNDERING REGULATIONS In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure: Freehold

EPC Rating: TBC

Administration Fee: 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.