broadway place - igw investments

15
Contemporary 1 & 2 bed apartments Highly desirable location 5% Net Yield Fully Managed FINE AND INVESTMENT PROPERTY BROADWAY PLACE MediaCityUK

Upload: others

Post on 08-Feb-2022

6 views

Category:

Documents


0 download

TRANSCRIPT

1

• Contemporary 1 & 2 bed apartments

• Highly desirable location

• 5% Net Yield

• Fully Managed

F INE AND INVESTMENT PROPERT Y

BROADWAY PLACE MediaCityUK

BROADWAY PLACETHE DEVELOPMENT

Where work and leisure come together.

Salford is an area of Greater Manchester, England, west of

Manchester city centre in a meander of the River Irwell, which forms

part of its boundary with Manchester. Salford Quays is a highly

accessible ‘gateway’ location within easy access of the A5603

and M602 motorway – a major route in to and out of the city,

approximately half a mile to the north.

This area of Manchester offers an enticing blend of art, the

performing arts and nightlife with The Lowry. The Lowry is

surrounded by the waters of the Manchester Canal and there are

cafes, bars and a restaurant at the south-western end of the building.

The Lowry Outlet Mall contains outlet stores of well-known high-

street businesses, including Cadbury’s, Marks & Spencer and Gap.

The mall contains coffee shops and convenience food chains, and a

multi-screen cinema operated by Vue. Outside the mall, a bar and

several restaurants overlook the Lowry plaza.

The Imperial War Museum is located nearby and hosts an

extensive collection of historical artifacts. There is MediaCityUK, an

international hub for technology, innovation and creativity, situated

in Salford Quays. If sport is your thing, Manchester United Football

Club is based in the Old Trafford section of Salford Quays, boasting

the largest club football stadium in the United Kingdom.

Salford combines all aspects of modern living with something

to tempt everybody. From retail therapy, eating out, sport and

culture, the performing arts, industrial heritage, spectacular gallery

exhibitions with stimulating art, recording studios and unique goods

you can buy all available to you.

This area of Manchester offers endless opportunities for work and

leisure within a thriving environment, all of this with Manchester city

centre just 20 minutes away.

BROADWAY PLACE | SALFORD 33

BROADWAY PLACE | SALFORD 5

INVESTING IN SALFORD

Salford offers a rich and diverse range of parks and open spaces with over 60% of the city being

made up of green spaces. There are over 30 parks and recreational grounds, two country parks

and five local nature reserves all in the area.

Salford Quays came into existence in 1983 and was previously the site of Manchester Docks. It is one

of the first and largest urban regeneration projects in the United Kingdom following the closure of

the dockyards in 1982.

Significant investment, restructuring and regeneration took place between 1986 and 1990. Roads and

bridges were built including a promenade along the waterfront. This area of Manchester saw public

funding and private investment total around £280 million by the early 1990s.

More recently, Salford Quays has seen many enterprises investing in the area, including The Peel

Group who own MediaCityUK, which houses the BBC. In 2010, the high-rise blocks of The Heart and

NumberOne (both 22 storeys) were added to the skyline. In November 2017, the first of 4, 26 storey

apartment blocks completed adding another block to the skyline, the tallest building on the Quays.

Salford Quays has also seen significant investment in sport and leisure facilities being used as the

venue for the first International Triathlon Union World Cup event. It also hosts the Great Manchester

Swim.

In 2012 the Salford Quays were rejuvenated for the London Olympic Games, in which they were used

for swimming and diving meaning that six gold medallists have swum at the Quays.

Construction on the Metrolink Trafford Park line commenced with minor work in late 2016. The

line is scheduled for completion in 2020. Trafford Park is the biggest employment area in Greater

Manchester, with over 1,300 businesses employing more than 35,000 people and will now be

accessible from Salford Quays via this route.

Salford is home to Salford University, one of the four universities in Manchester, attracting many

students each year.

Investment in the arts, industry, sport and leisure activities, and with Manchester City Centre and

The Peak District and Lake District on the doorstep make Salford an attractive area for continued

investment, ensuring that the economy goes from strength to strength.

Why invest in Salford?

Salford has all the benefits of being well connected to Manchester city centre, but it offers better

value in terms of cost. Salford is an up and coming area of Manchester, benefitting from significant

investment and rejuvenation which means that the area will continue to go from strength to strength

in terms of education, leisure, retail, property and the corporate world.

BROADWAY PLACE | SALFORD

As property prices are so high in the city centre, there has been a “ripple effect” similar to

that seen in London in the past. This brings with it the opportunity for surrounding areas

to benefit; one such area being Salford in Greater Manchester. There are many assets to

this area for students and professionals alike. The area has excellent facilities in relation

to the performing arts, business, industry, retail, universities, leisure facilities and excellent

transport links to the city centre. With the completion of the Metrolink, Trafford Line in

2020, there will be increased transport links to the city centre from Salford Quays making

commuting even easier.

Salford Quays attracts a professional audience making it a good place to invest. It offers a

vibrant and much sought after community. In this area, TV and sports stars live and work

alongside young professionals and students.

Rental properties make up more than a quarter of Manchester’s housing stock and the

largest proportion in Britain. According to Rightmove, annual rents in rose 7% in the 12

months up to July 2016 in Salford.

Every year has seen an increasing number of inward investors locating to Salford with The

Quays being the most favoured destination. This is a dynamic commercial centre, currently,

home to more than 8,700 businesses which employ over 127,000 people. Consequently,

there is a high demand for rental properties in this area from quality tenants.

Salford itself is integral to the Greater Manchester economy, which is the economic

powerhouse of the north-west of England. Its economy is growing at above the UK’s

average rate; it has increased by more than 12% since 2004. In addition, its population,

currently around 234,500 people, has risen around 6.5% over the last ten years alongside

the economy growth. Manchester city itself has been transformed in recent years and it is

now one of the most vibrant, exciting places to live in the whole of the United Kingdom.

INVESTING IN THE BUSINESS MARKETS

In today’s climate, it seems pretty clear that many of the UK’s best buy to let areas are located north of the

Midlands. This makes Manchester and its surrounding areas a prime place for investment. Property prices

in Manchester city centre have exploded over the last few years. It is worth noting that Salford property is

around 12% cheaper on average than Manchester, making it fertile territory for bargain hunters. Salford is

also a university city, making it a good place for student buy to let.

BROADWAY PLACE | SALFORD 7

PRIME LOCATION

Located in Greater Manchester, Salford has excellent transport links to

Manchester city centre and the rest of the country.

Getting to and from Salford by rail, road or air is easy.

Manchester Airport, the third busiest in the UK, is only 20 minutes by road

from Salford. It handles 20 million passengers a year. This makes Salford an

ideal location for international students and business people.

Salford Central and Salford Crescent are the two main rail stations that

serve the city. There are a further seven smaller stations on three main lines,

these offer services to Wigan, Liverpool and beyond. A short journey to

Manchester Piccadilly will connect you with the rest of the UK’s rail network.

London is reachable in just over 2 hours.

There is easy access of the A5603 and M602 motorway – a major route in

to and out of Manchester city, approximately half a mile to the north. Four

major motorways pass through the city. These are the M62 from Liverpool

to Leeds, the M602 from Salford to Manchester, the M61 from Bolton and

the M60 Manchester Orbital, providing ample connections to the UK’s road

network.

First Group and Arriva operate a comprehensive schedule of services

throughout the region and beyond.

The superb and continued improvement in travel links makes Salford a

desirable place to live and work and offers an attractive opportunity for

investors.

WHAT’S NEARBY?

Mediacity UK 6 min walk

BBC Dock House 6 min walk

ITV Studios 8 min walk

The Lowry 8 min walk

Walk times taken from Google Maps

6

7

5

3

4

2

1

BROADWAY PLACEDEVELOPMENT SITE

1

3

4

7

5

6

2

Vue Cinema 10 min walk

The Quays 9 min walk

University of Salford 28 min walk

Walking Distance to:

BROADWAY PLACE | SALFORD

INVESTMENTOPPORTUNITY

Housing prices in Salford are competitive, at just over 20% lower

than the average for the Greater Manchester area, and an incredible

44% lower than the UK average. All of this bodes well for buy-to-

let property investors given that Salford is just a short commute to

Manchester city centre. There is no doubt that property yields here

are excellent.

Nearly half of the Top 500 businesses in the north-west are based in

the Greater Manchester region, along with many FTSE100 companies

and thousands of foreign-owned companies. Salford is indeed an area

that is attractive to businesses bringing with that the need for modern,

well-designed housing.

An ambitious regeneration and development programme has been

put into action in Salford in order to attract further companies. One

of the greatest success stories so far in the area is MediaCityUK. Here

is a hub of creative industry lead by the BBC. Since its opening in

2008, MediaCityUK has contributed to Salford being one of the UK’s

most determined, innovative and creative business destinations. The

launch of the Tomorrow building in summer 2016 brought 50,000 sq

ft of further office space, ensuring Salford continues to grow at an

exponential pace.

Salford is home to a number of major employers including; Talk Talk,

Ener-G, ITV, BUPA. Alongside this ever expanding creative and digital

media sector, Salford boasts a strong professional and financial sector,

and a steady manufacturing base.

BROADWAY PLACE | SALFORD 1 1

CURRENTREGENERATION

There are several multi-million-pound projects currently underway in

Salford contributing to securing a future for generations to come.

In recent years, significant investment has been ploughed into

new infrastructure and public realm, new homes, education and

health facilities, new businesses and shops. These include major

developments, city parks and green spaces.

Significant focus has been placed on connecting Manchester city and

its residents to the growing opportunities in and around Salford in

order to secure jobs and growth and to target secured investment and

regeneration. As a consequence, more people are now choosing Salford

as a place to live, work, invest and visit.

Some of the investments that are currently underway are:

• Port Salford: this development will potentially create over 1,000 jobs

in the first phase, with a longer-term target of around 3,100 jobs.

• £26 million is being invested in the AJ Bell Stadium, bringing

significant employment opportunity and need for housing. In the

future, further developments will come about associated with this.

• Greengate Square: this is set to be the catalyst for £400 million in

private sector investment.

• The revitalisation of key areas along Chapel Street and the riverside

corridors of the Bridgewater Canal and the River Irwell.

• There is a £650 million scheme to transform Pendleton, creating

new homes and 500 new jobs.

BROADWAY PLACE | SALFORD 13

SUMMARY

Broadway Place is a new build property consisting of 6 x 2 bedroom apartments and 18 x 1 bedroom apartments.

• Fully managed, contemporary 1 and 2 bed apartments

• High net rental income

• Highly desirable location

The development is sited within Salford, on the North West side of

Broadway to the North of Salford Quays, within walking distance of

MediaCityUK and located in the same area are BBC Dock House, ITV

Studios, The Lowry, VUE Cinema, Shops and Restaurants along the

Salford Quays. This development offers access to both work and play

opportunities for potential tenants.

Salford is well served by rail links and the city centre with its 4 mainline

stations is just 20 minutes away. Potential tenants can access amenities

locally in Salford or take the short hop into town and avail of all that is

on offer.

The primary concept is to take the site of the old Inn and renew it as an

urban garden, with a new apartment block emerging from the greenery.

Located within a predominantly hard surrounding landscape, the

proposal seeks to improve the visual amenity of the existing area whilst

providing outdoor space for the use of the residents. The site will also

include a planted courtyard and roof top terraces.

All apartments have a Secure Fob Access System, CCTV, Entrance

Foyer, Cycle Store and Lift. Contemporary fixtures and fittings are

used throughout. Clean, classic lines of design are visible throughout

the development making these apartments pleasing on the eye whilst

offering modernity and comfort.

There is also access to a number of communal areas including a roof

terrace and a garden. Residents will also have access to a courtyard

garden, lower private terrace and private roof terrace.

This is a fully managed investment opportunity, with all properties

available on a 250 year leasehold basis.

The 1 bed apartments are available to purchase from £155,420, and the

2 bed apartments are available from £205,200.

BROADWAY PLACE | SALFORD

DEVELOPMENT TEAM

A forward-thinking property development partnership, applying exceptional

skill and painstaking attention to detail to every project they undertake; whether

planning and designing a new build, or repurposing an existing building into

stunning and luxurious residential accommodation.

Andrew Anderson, Hermes

Founding member of Hermes Great Esate Ltd. Andrew graduated

from the University of London with a degree in Business Finance.

Andrew has over 15 years experience in the lifstyle and investment

property industry with a proven track record of sourcing projects

internationally to the value of £21m. Hermes has a focus on

developing investment property delivering immediate returns.

Nobles Construction Ltd will be appointed to carry out the

construction of the project. They are one of the leading providers

of construction services in the region and one of the largest

privately-owned contractors in the North West. They have the

capability to deliver projects up to £30 million and have extensive

experience of delivering residential projects on programme and

built to the highest standard. BROADWAY PLACE SALFORD

FLOOR PLANS

LOWER GROUND FLOOR

Low

er G

roun

d Fl

oor

UP

UP

DN

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

20 m

²

215 ft²

Pro

tecte

d lo

bby

31 m

²

335 ft²

Cyc

le s

tore

6/8

pers

on

lift

(TB

A)

Reta

inin

g s

tructu

re(m

asonry

faced)

Reta

inin

g s

tructu

re(m

asonry

faced)

27 m

²

290 ft²

Pla

nt ro

om

(if

required)

5m

0

2m

1m

3m

4m

Sto

rage for

24 b

ikes

- la

yout

indcative

Serv

ice

riser

3 m

²

33 ft²

Ancill

iary

10 m

²

106 ft²

Pro

tecte

d lo

bby

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

48 m

²

514 ft²

1b2p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

5m

0

2m

1m

3m

4m

VO

ID

Serv

ice

riser

No

tes

1. D

o n

ot scale

this

dra

win

g.

2. A

ll dim

ensio

ns m

ust be c

hecked o

n s

ite a

nd a

ny

dis

cre

pancie

s v

erified w

ith the a

rchitect.

3. U

nle

ss s

how

n o

therw

ise, all

dim

ensio

ns a

re to

str

uctu

ral surf

aces.

4. D

raw

ing to b

e r

ead w

ith a

ll oth

er

issued info

rmation.

Any

dis

cre

pancie

s to b

e b

rought to

the a

ttention o

f th

earc

hitect.

5. T

his

dra

win

g is the c

opyr

ight of Levitt B

ern

ste

in a

nd

may

not be c

opie

d, altere

d o

r re

pro

duced in a

ny

form

,or

passed to a

third p

art

y w

ithout

license o

r w

ritt

en

consent.

This

is n

ot a c

onstr

uction d

raw

ing, it is

unsuitable

for

the p

urp

ose o

f constr

uction

and m

ust on n

o a

ccount

be u

sed a

s s

uch.

Date

1 K

ingsla

nd P

assage

Lond

on E

8 2

BB

+44 (

0)2

0 7

275 7

676

levittb

ern

ste

in.c

o.u

k

Checked

Rev

Sca

le

Dra

win

g

Dra

wn

Rev

Date

Initia

lsD

escri

ption

3rd

HQ

Build

ing

2 A

thert

on S

treet

Mancheste

r M

3 3

GS

+44 (

0)1

6 1

669 8

740

Lo

nd

on

Man

ch

este

r

Purp

ose o

f is

sue

Clie

nt

Dra

win

g n

um

ber

Pro

ject

nam

e

1 : 1

00 @

A1

P3

C:\R

evit L

ocal\3400_B

roadw

ay-

Inn_B

uild

ing_ja

mie

.pott

er.

rvt

BR

OA

DW

AY

GA

RD

EN

S

SA

LF

OR

D

GA

Pla

ns -

Sheet 01

JP

VT

02.0

6.2

017

3400 -

D -

010

For

Pla

nnin

g

Yakel In

vestm

ents

Ltd

1 : 1

00

010

Low

er

Gro

und F

loor

Pla

n1

1 : 1

00

010

Upper

Gro

und F

loor

Pla

n2

P1

02.0

6.1

7D

raft

pla

nnin

g issue

JP

P2

18.0

7.1

7P

lannin

g Issue

JP

P3

08.0

6.1

8P

lannin

g Issue

JP

Floo

r pla

ns

BROADWAY PLACE | SALFORD 17

Upp

er G

roun

d Fl

oor

UP

UP

DN

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

33 m

²

356 ft²

Duple

x G

F

20 m

²

215 ft²

Pro

tecte

d lo

bby

31 m

²

335 ft²

Cyc

le s

tore

6/8

pers

on

lift

(TB

A)

Reta

inin

g s

tructu

re(m

asonry

faced)

Reta

inin

g s

tructu

re(m

asonry

faced)

27 m

²

290 ft²

Pla

nt ro

om

(if

required)

5m

0

2m

1m

3m

4m

Sto

rage for

24 b

ikes

- la

yout

indcative

Serv

ice

riser

3 m

²

33 ft²

Ancill

iary

10 m

²

106 ft²

Pro

tecte

d lo

bby

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

33 m

²

351 ft²

Duple

x 1

F

48 m

²

514 ft²

1b2p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

5m

0

2m

1m

3m

4m

VO

ID

Serv

ice

riser

No

tes

1. D

o n

ot scale

this

dra

win

g.

2. A

ll dim

ensio

ns m

ust be c

hecked o

n s

ite a

nd a

ny

dis

cre

pancie

s v

erified w

ith the a

rchitect.

3. U

nle

ss s

how

n o

therw

ise, all

dim

ensio

ns a

re to

str

uctu

ral surf

aces.

4. D

raw

ing to b

e r

ead w

ith a

ll oth

er

issued info

rmation.

Any

dis

cre

pancie

s to b

e b

rought to

the a

ttention o

f th

earc

hitect.

5. T

his

dra

win

g is the c

opyr

ight of Levitt B

ern

ste

in a

nd

may

not be c

opie

d, altere

d o

r re

pro

duced in a

ny

form

,or

passed to a

third p

art

y w

ithout

license o

r w

ritt

en

consent.

This

is n

ot a c

onstr

uction d

raw

ing, it is

unsuitable

for

the p

urp

ose o

f constr

uction

and m

ust on n

o a

ccount

be u

sed a

s s

uch.

Date

1 K

ingsla

nd P

assage

Lond

on E

8 2

BB

+44 (

0)2

0 7

275 7

676

levittb

ern

ste

in.c

o.u

k

Checked

Rev

Sca

le

Dra

win

g

Dra

wn

Rev

Date

Initia

lsD

escri

ption

3rd

HQ

Build

ing

2 A

thert

on S

treet

Mancheste

r M

3 3

GS

+44 (

0)1

6 1

669 8

740

Lo

nd

on

Man

ch

este

r

Purp

ose o

f is

sue

Clie

nt

Dra

win

g n

um

ber

Pro

ject

nam

e

1 : 1

00 @

A1

P3

C:\R

evit L

ocal\3400_B

roadw

ay-

Inn_B

uild

ing_ja

mie

.pott

er.

rvt

BR

OA

DW

AY

GA

RD

EN

S

SA

LF

OR

D

GA

Pla

ns -

Sheet 01

JP

VT

02.0

6.2

017

3400 -

D -

010

For

Pla

nnin

g

Yakel In

vestm

ents

Ltd

1 : 1

00

010

Low

er

Gro

und F

loor

Pla

n1

1 : 1

00

010

Upper

Gro

und F

loor

Pla

n2

P1

02.0

6.1

7D

raft

pla

nnin

g issue

JP

P2

18.0

7.1

7P

lannin

g Issue

JP

P3

08.0

6.1

8P

lannin

g Issue

JP

UPPER GROUD FLOOR FIRST FLOOR

Firs

t floo

r

DN

UP

DN

UP

48 m

²

513 ft²

1b2p T

ype 1

38 m

²

410 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

5m

0

2m

1m

3m

4m

Serv

ice

riser

40 m

²

432 ft²

1b1p T

ype 3

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

5m

0

2m

1m

3m

4m

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

(Main

tenance a

ccess o

nly

)

Serv

ice

riser

No

tes

1. D

o n

ot scale

this

dra

win

g.

2. A

ll dim

ensio

ns m

ust be c

hecked o

n s

ite a

nd a

ny

dis

cre

pancie

s v

erified w

ith the a

rchitect.

3. U

nle

ss s

how

n o

therw

ise, all

dim

ensio

ns a

re to

str

uctu

ral surf

aces.

4. D

raw

ing to b

e r

ead w

ith a

ll oth

er

issued info

rmation.

Any

dis

cre

pancie

s to b

e b

rought to

the a

ttention o

f th

earc

hitect.

5. T

his

dra

win

g is the c

opyr

ight of Levitt B

ern

ste

in a

nd

may

not be c

opie

d, altere

d o

r re

pro

duced in a

ny

form

,or

passed to a

third p

art

y w

ithout

license o

r w

ritt

en

consent.

This

is n

ot a c

onstr

uction d

raw

ing, it is

unsuitable

for

the p

urp

ose o

f constr

uction

and m

ust on n

o a

ccount

be u

sed a

s s

uch.

Date

1 K

ingsla

nd P

assage

Lond

on E

8 2

BB

+44 (

0)2

0 7

275 7

676

levittb

ern

ste

in.c

o.u

k

Checked

Rev

Sca

le

Dra

win

g

Dra

wn

Rev

Date

Initia

lsD

escri

ption

3rd

HQ

Build

ing

2 A

thert

on S

treet

Mancheste

r M

3 3

GS

+44 (

0)1

6 1

669 8

740

Lo

nd

on

Man

ch

este

r

Purp

ose o

f is

sue

Clie

nt

Dra

win

g n

um

ber

Pro

ject

nam

e

1 : 1

00 @

A1

P3

C:\R

evit L

ocal\3400_B

roadw

ay-

Inn_B

uild

ing_ja

mie

.pott

er.

rvt

BR

OA

DW

AY

GA

RD

EN

S

SA

LF

OR

D

GA

Pla

ns -

Sheet 02

Auth

or

Checker

02.0

6.2

017

3400 -

D -

011

For

Pla

nnin

g

Yakel In

vestm

ents

Ltd

1 : 1

00

011

First F

loor

Pla

n1

1 : 1

00

011

Second F

loor

Pla

n2

P1

02.0

6.1

7D

raft

pla

nnin

g issue

JP

P2

18.0

7.1

7P

lannin

g Issue

JP

P3

08.0

6.1

8P

lannin

g Issue

JP

BROADWAY PLACE | SALFORD 19

SECOND FLOOR

Sec

ond

Floo

r

DN

UP

DN

UP

48 m

²

513 ft²

1b2p T

ype 1

38 m

²

410 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

5m

0

2m

1m

3m

4m

Serv

ice

riser

40 m

²

432 ft²

1b1p T

ype 3

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

38 m

²

409 ft²

1b1p T

ype 1

5m

0

2m

1m

3m

4m

6/8

pers

on

lift

(TB

A)

Exte

rnal access d

eck

(Main

tenance a

ccess o

nly

)

Serv

ice

riser

No

tes

1. D

o n

ot scale

this

dra

win

g.

2. A

ll dim

ensio

ns m

ust be c

hecked o

n s

ite a

nd a

ny

dis

cre

pancie

s v

erified w

ith the a

rchitect.

3. U

nle

ss s

how

n o

therw

ise, all

dim

ensio

ns a

re to

str

uctu

ral surf

aces.

4. D

raw

ing to b

e r

ead w

ith a

ll oth

er

issued info

rmation.

Any

dis

cre

pancie

s to b

e b

rought to

the a

ttention o

f th

earc

hitect.

5. T

his

dra

win

g is the c

opyr

ight of Levitt B

ern

ste

in a

nd

may

not be c

opie

d, altere

d o

r re

pro

duced in a

ny

form

,or

passed to a

third p

art

y w

ithout

license o

r w

ritt

en

consent.

This

is n

ot a c

onstr

uction d

raw

ing, it is

unsuitable

for

the p

urp

ose o

f constr

uction

and m

ust on n

o a

ccount

be u

sed a

s s

uch.

Date

1 K

ingsla

nd P

assage

Lond

on E

8 2

BB

+44 (

0)2

0 7

275 7

676

levittb

ern

ste

in.c

o.u

k

Checked

Rev

Sca

le

Dra

win

g

Dra

wn

Rev

Date

Initia

lsD

escri

ption

3rd

HQ

Build

ing

2 A

thert

on S

treet

Mancheste

r M

3 3

GS

+44 (

0)1

6 1

669 8

740

Lo

nd

on

Man

ch

este

r

Purp

ose o

f is

sue

Clie

nt

Dra

win

g n

um

ber

Pro

ject

nam

e

1 : 1

00 @

A1

P3

C:\R

evit L

ocal\3400_B

roadw

ay-

Inn_B

uild

ing_ja

mie

.pott

er.

rvt

BR

OA

DW

AY

GA

RD

EN

S

SA

LF

OR

D

GA

Pla

ns -

Sheet 02

Auth

or

Checker

02.0

6.2

017

3400 -

D -

011

For

Pla

nnin

g

Yakel In

vestm

ents

Ltd

1 : 1

00

011

First F

loor

Pla

n1

1 : 1

00

011

Second F

loor

Pla

n2

P1

02.0

6.1

7D

raft

pla

nnin

g issue

JP

P2

18.0

7.1

7P

lannin

g Issue

JP

P3

08.0

6.1

8P

lannin

g Issue

JP

Thi

rd F

loor

DN 6/8

pers

on

lift

(TB

A)

40 m

²

1b1p T

ype 2

40 m

²

1b1p T

ype 2

Exte

rnal access d

eck

Pla

nte

rP

lante

r

Pri

vate

terr

ace

Pri

vate

terr

ace

Pri

vate

terr

ace

53 m

²

2b3p T

ype 1

Com

munal gard

en t

err

ace

5m

0

2m

1m

3m

4m

Exte

rnal sta

ir(c

overe

d)

Serv

ice

riser

5m

0

2m

1m

3m

4m

Pote

ntial are

a f

or

PV

's

Sola

r shadin

g -

fra

mew

ork

to s

upport

clim

bin

g p

lants

No

tes

1. D

o n

ot scale

this

dra

win

g.

2. A

ll dim

ensio

ns m

ust be c

hecked o

n s

ite a

nd a

ny

dis

cre

pancie

s v

erified w

ith the a

rchitect.

3. U

nle

ss s

how

n o

therw

ise, all

dim

ensio

ns a

re to

str

uctu

ral surf

aces.

4. D

raw

ing to b

e r

ead w

ith a

ll oth

er

issued info

rmation.

Any

dis

cre

pancie

s to b

e b

rought to

the a

ttention o

f th

earc

hitect.

5. T

his

dra

win

g is the c

opyr

ight of Levitt B

ern

ste

in a

nd

may

not be c

opie

d, altere

d o

r re

pro

duced in a

ny

form

,or

passed to a

third p

art

y w

ithout

license o

r w

ritt

en

consent.

This

is n

ot a c

onstr

uction d

raw

ing, it is

unsuitable

for

the p

urp

ose o

f constr

uction

and m

ust on n

o a

ccount

be u

sed a

s s

uch.

Date

1 K

ingsla

nd P

assage

Lond

on E

8 2

BB

+44 (

0)2

0 7

275 7

676

levittb

ern

ste

in.c

o.u

k

Checked

Rev

Sca

le

Dra

win

g

Dra

wn

Rev

Date

Initia

lsD

escri

ption

3rd

HQ

Build

ing

2 A

thert

on S

treet

Mancheste

r M

3 3

GS

+44 (

0)1

6 1

669 8

740

Lo

nd

on

Man

ch

este

r

Purp

ose o

f is

sue

Clie

nt

Dra

win

g n

um

ber

Pro

ject

nam

e

1 : 1

00 @

A1

P3

C:\R

evit L

ocal\3400_B

roadw

ay-

Inn_B

uild

ing_ja

mie

.pott

er.

rvt

BR

OA

DW

AY

GA

RD

EN

S

SA

LF

OR

D

GA

Pla

ns -

Sheet 03

JP

VT

02.0

6.2

017

3400 -

D -

012

For

Pla

nnin

g

Yakel In

vestm

ents

Ltd

1 : 1

00

012

Third F

loor

Pla

n1

1 : 1

00

012

Roof P

lan

2

P1

02.0

6.1

7D

raft

pla

nnin

g issue

JP

P2

18.0

7.1

7P

lannin

g Issue

JP

P3

08.0

6.1

8P

lannin

g Issue

JP

THIRD FLOOR

BROADWAY PLACE | SALFORD 21

FAQ’S

Where is Broadway Place located?

33-35 Broadway Gardens, Broadway,

Salford Quays, M50 2UW

When will the building be completed?

Broadway Place has a completion date of Q2 2021

How many apartments are in the development?

There are 24 units in total – 6 x 2 bedroom and 18 x 1 bedroom

Am I buying freehold or leasehold?

Broadway Place is a leasehold property

How long is the lease?

The leasehold is for 250 years

Are there any restrictions if I want to sell?

No, there are no restrictions should you wish to sell

How much is the ground rent?

The ground rent will be £350 per annum

What are the projected annual returns?

A net yield of 5%

When is my rental income paid?

All rental income is paid quarterly in arrears

What is the name of the developer?

The developer is Hermes Great Estate Ltd

What is the name of the management company?

The designated management company is Amco Management

BROADWAY PLACE | SALFORD 23