The Box Works, 4 Worsley Street, Castlefield
Property Description
We are delighted to offer the opportunity to purchase a unique property in a former cardboard factory where the ground rent is `a cardboard carton, if demanded`. As the first scheme in Manchester to sell `shell space` and provide the opportunity for the owners to become the designers (with the help of an architect), this 1920`s Art Deco warehouse offers bespoke city centre living in the heart of Castlefield. Occupying a prominent position on the banks of the River Irwell, this award winning development offers innovation at its very heart and continues to attract interest in a diverse property market.
The development benefits from a secure communal entrance, lift service to all floors and a well maintained canal side communal garden with picnic benches and table tennis table for the sporting enthusiast.
High ceilings. Steel girders. Floor to ceiling windows. Features associated with award winning developers, Urban Splash.
Property briefly comprises: entrance/hallway; open plan lounge/diner with Herringbone style flooring; separate kitchen with integrated appliances; primary bedroom; second double bedroom/work from home space, bathroom. A south facing balcony can be accessed from both the lounge or the primary bedroom.
The property is sold with an allocated car parking space and offered with vacant possession.
We can confirm the development has been issued a EWS1 form with B1 rating which may requested by lenders issuing a mortgage.
Tenure: Leasehold
Annual service charge: £2,593.52
Annual ground rent: `a cardboard carton, if demanded`
Length of lease: 998 years from 1999
Current rental income: £1,100 pcm
Management company: Realty