The Queen`s Brewery

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The Queen’s Brewery
Est 1863
Manchester
The History
of The Queens
Brewery
The Queen’s Brewery
was built in 1861
Closing its doors in 2012, The Queen’s Brewery served Hydes for over 100 years.
Yet the 2.6 acre site was not originally intended for them. Queen’s was initially built
to serve another family; the Greatorex’s, who stayed at the brewery for over 35
years.
However, across the city a new family of brewers were on the rise, the Hydes’
family. The brewers had been open for business since 1863 in breweries across
Manchester, but now their eyes were firmly fixed on a new home.
Their dreams were realised in the dying embers of the 19th century when, in 1899,
they moved into the The Queen’s Brewery. The arrival of Hydes at their new HQ
coincided with what was an exciting period for the city of Manchester.
The industrial revolution had already transformed Manchester into one of the
UK’s major cities and new industries continued to move into the city, including flour
milling, biscuits and breakfast cereals. Manchester had also begun to make new
strides in education, with the John Rylands library opening in 1900, almost 100
years before the opening of the newly merged University of Manchester.
A wide variety of beers began to be brewed at Queen’s including Hydes’ own cask
conditioned ales, as well as household names such as Boddingtons and
O’Finnegans, supplying over 50 Hydes owned pubs across the North West.
Hydes became such a prominent brewer that it would soon hold tours on the
premises. People would travel from all quarters to walk around the historic site,
viewing the casks, barrels and hoppers and ending the tour in the brewery bar.
The last barrel was to be rolled out in late 2012 and the building at the centre of
Hyde’s history would brew no more.
However, even though the brewery is now being turned into residential apartments,
much of its historic prowess will remain. The Queen’s Brewery is a Grade II listed
building and beautiful features such as the romantic clock tower will remain in the
building. The striking exterior of the building will also remain, making it a stand-out
property in the area.
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The Queen’s Brewery
An historic brewery which became a landmark of the city and served as the
headquarters for legendary Manchester brewers Hydes for over 100 years, The
Queen’s Brewery sadly closed its doors for the final time in 2012, leaving this
beautiful period building to stand empty and abandoned; a stark reminder of
Manchester’s industrial past.
Fast-forward two years and a new generation is now set to be exposed to the hand
fed hoppers and romantic clock tower which marks the former Victorian brewery’s
history, as new life is breathed into the building through a refined conversion which
will see it transformed into high quality residential accommodation.
A conversion project with part new-build, The Queen’s Brewery will be comprised
of 1, 2 and 3-bed apartments, in addition to providing private bicycle storage and
parking, whilst retaining the unique Victorian architectural features which helped it
earn its valued status as a Grade II listed building.
The perfect location for young professionals in the area, The Queen’s Brewery is
just 1.2 miles from Manchester city centre, with Deansgate’s boutique shops and
Oxford Road’s theatres and music venues literally at their fingertips.
One of the most popular cities in the country, Manchester has recently been named
as one of the UK’s top four ‘buy-to-let hotspots’, where investors can claim rental
yields of up to 7.6% according to a 2013 HSBC study. With the National Housing
Federation predicting that rental rates will grow by 36% by 2018, The Queen’s
Brewery is set to be a worthy and historic addition to this city’s booming buy-to-let
market.
Private rental stock in the
UK is now worth an
estimated
£898 billion
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Internal
Specifications
The Queen’s Brewery
General Interior
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•
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Fitted carpets to lounge and bedroom areas
High quality Amtico flooring to high traffic and wet areas - hallways, kitchens, dining
areas and bathrooms
Recessed ceiling mounted LED downlighters
Furniture pack provided - upgrades available to include small appliances and
cookware ready to move in
Kitchen Area
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•
•
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High quality contemporary fitted kitchen units with stone composite worktops and
inset stainless steel sink
LED cabinet lighting to worktops and pelmets
Island/beakfast bar units in selected apartments
Branded fitted appliances-hob, oven, extractor hood. Upgrades available to include
fridge-freezer, dishwasher or washer/dryer
Bathrooms
•
•
•
•
Premium sanitary ware by Villeroy & Boch
Main bathrooms - WC, hand basin with vanity, 1500mm bath with overhead shower
and folding screen
Full tiling to bath areas
En-suite bathrooms with WC, hand basin with mirror cabinet and shower cubicle
External & Communal Areas
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•
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•
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Secure enviroment - fully gated community with electronic access control
Access intercom with cameras
Secure gated external car park with 73 spaces (available at additional cost)
CCTV to car park, external grounds and internal communal areas
Communal satellite dish - subscriptions required for pay-to-view channels
Landscaped communal courtyard
Lift serving all floors
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Investment Opportunity
Comprised of studios, 1, 2 and 3-bed apartments, one of the unique features of
this development is that within the original structure of the building, no apartment
will look the same. Some of the different investment options available include;
duplex apartments with private balconies, en-suite rooms and apartments with
huge feature windows.
Financial projection for 1-bed apartment *
Est. Ground Rent
£200
Purchase Price
£82,500
Est. Management Fee
£528
Est. Monthly Rent
£550
Est. NET Yield
6.46%
Est. Maintenance Fee
£561
Est. NET Income
£5,311
* All figures are based on forecasts provided by the developer, are indicative only and are subject to change.
Any financial information provided in this document is intended as a guide and does not constitute a contract.
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Floor Plan Specification
Apartment A13 (2 bed)
72.5m 2
* All plans are based on concepts provided by the developer, are indicative only and are subject to change.
Apartment A12 (1 bed)
55.7m 2
Apartment A15 (2 bed)
76m2
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Buy-to-Let
The
Manchester Market
Manchester is the UK’s third largest urban economy. Famed for its music venues,
shopping, Premiership football clubs, and architecture, the diverse social scene in
Manchester and its surrounding areas has enabled the city centre to become one
of the most sought-after addresses in the country.
Home to over half a million people, it is a city whose population has out-grown its
current housing supply and is in serious need of new stock, making way for a host
of new investment as the construction industry begins to pick up pace.
According to Jones Lang LaSalle, Manchester house prices are set to grow by 4.5
per cent over the next five years and HSBC has identified the city as being in the
‘Top 4 Buy-To-Let Hotspots ‘in the country, showing an average rental yield of 7.6
per cent.
The area neighbouring The Queen’s Brewery, Hulme, has recently undergone what
was regarded at the time as one of the most ambitious regeneration projects in
the United Kingdom. Over £24m worth of public sector regeneration monies has
been invested in projects focusing upon local economic development, physical
and environmental improvements and enhancements in the quality of life. These,
in turn, have generated substantial outputs in terms of jobs, land development,
infrastructure improvements and business development.
This regeneration project has seen new and improved housing in the area, (and
surrounding areas), which has proven very popular and is in great demand, making
it a much more attractive place to live.
As the level of construction activity in Manchester continues to build, so do the
opportunities for buy-to-let investors to snap up property in prime sites where
demand is high, which will yield strong returns for years to come.
Over £24m
invested on
regeneration projects
in local area
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Location
Information…
Manchester
The Queen’s Brewery is situated just two miles outside of Manchester city centre,
making it perfect for young professionals who want to be close to Deansgate’s
boutique shops and Oxford Road’s theatres and music venues.
Local facilities and amenities include the Manchester Aquatics Centre (a former
Commonwealth Games building turned public aquatics sports facility), in addition
to brand name supermarkets, children’s activity centres, a leisure centre and parks.
Distance to Major UK Cities:
Liverpool, England
34.4 miles
Nottingham, England
97.4 miles
Cardiff, Wales193 miles
London, England
198 miles
Edinburgh, Scotland
218 miles
Belfast, Northern Ireland
295 miles
1
Manchester Airport
Distance 9.1 miles
2
Media City UK & The Lowry
at Salford Quays
Distance 3.6 miles
M61
Middleton
M60
Oldham
Manchester
Ring Road
Walkden
M60
Mancunian
Way
M602
M60
Salford
2
4
City
Centre
Ashton-under-Lyne
3
Q
M62
M60
M60
Altincham
Stockport
M6
1
M56
4
Beetham Tower & Deansgate
Distance 1.4 miles
3
Manchester City Centre &
Piccadilly Station
Distance 2.3 miles
Q
The Queen’s Brewery
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Transport
Manchester
Britain’s
Second City
Manchester lies at the heart of an expansive motorway network, ensuring easy
access to the UK’s major cities and business centres. The M6 Northbound links
Manchester to the Lake District, Carlisle and Scotland, while the M6 Southbound
links the city region to Birmingham, Bristol, Wales and London. Public transport
provides strong links to cities and towns across the UK, with trains travelling from
renowned stations such as Piccadilly and Victoria. The metroshuttle runs a free
service ferrying visitors across Manchester City Centre to thriving areas such as
the Northern Quarter and Oxford Road. Regular bus services are also available
from places located near to the City Centre.
Places to Visit
A city of culture, theatre and music, fans will find no shortage of acts and
performances to satisfy their needs. Performances take place all-year round at
theatres such as the Opera House and The Lowry Thatre, while popular music
acts can be found at a wide-range of venues located across the city including the
Manchester Evening News Arena and the Manchester Apollo.
For those who want to revel in the invention and industry of a city which invented
the computer, the Museum of Science and Industry is the ideal place to visit. The
Manchester Museum will also be on-hand to tell the story of the city at the heart of
the Industrial Revolution and to show visitors why Manchester is such a great place
to live.
Tourism
Currently the third most popular tourist destination within the UK, Manchester
attracted more than 936,000 visitors in 2011. Tourists continue to visit the surplus
of attractions located within the city and with the continuing growth of such events
as the Manchester International Festival, these figures are only going to rise.
Manchester Universities
There are three main education institutions in the city, with a combined population
of over 100,000 students, making it one of the most popular places to study in the
country.
Manchester Metropolitan University, The University of Manchester and the Royal
Northern College of Music can all be found within walking distance of each other
on Oxford Street in the city centre, forming one of Europe’s largest urban higher
education precincts, contributing a massive boost to the local economy.
Shopping
Manchester is a retail paradise providing fashionista’s with both on-trend fashion
and prestige vintage clothing. The Arndale Centre and The Trafford Centre deliver
the main shopping thoroughfare, containing practically every high street store you
could hope to find. There are also plently of boutique fashion areas within the city
containing shops such as Selfridges and Harvey Nichols, which provide shoppers
with an urban-cool selection of clothing. The Northern Quarter can supply the
needs of the more quirky visitor; with quaint shops, bars, independent galleries and
eateries lining the streets of this avant-garde district.
A Sporting City
Manchester United and Manchester City are the two-leading Premier League
footbal teams. With the teams currently taking turns to hold the premier league
title, the trophy is set to remain in the City for the years to come. Home to two
famous teams, the city can be confident of its sporting prowess and regularly host
events at both stadiums.
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Developer Portfolio
Specialists in creating new-build residential and boutique student accommodation
schemes, our joint portfolio boasts a long history of commercial and mixed-use
projects, under the individual umbrellas of experienced developers, Hamilton Black
and Forshaw Land.
Innovative in both our style and vision, the passion imbued by the team in each and
every project is evident in all Forshaw Group developments, allowing us to treat our
clients with a personal touch, something that can be easily lost in a larger firm.
Breathing new life into the old buildings we fall in love with, we relish the challenge
of transforming an existing unused space into somewhere for people to live or
work... from an old church to a Victorian prison, a former hotel to a Victorian brewery.
We also love to build from scratch and when we do it is with the same careful
thought and flair that goes into our conversion projects. Our schemes always
centre around the end user, utilising the best materials and the highest standards
of workmanship.
We professionally manage our entire portfolio of student and residential
developments through our sister company PRIMO Property Management. PRIMO
is a fully fledged ANUK approved management company that goes beyond the
management of physical buildings. PRIMO also caters for the learning needs of
students through EdYOUcate, a virtual learning environment available exclusively
in PRIMO student properties.
Trinity Church, Bolton (Student Accommodation)
Greenbank Court, Plymouth (Student Accommodation)
Assured 9% NET Yields for 2 years | Prices from £56,950
Assured 9% NET Yields for 2 years | Prices from £54,950
Clyde House, Glasgow (Student Accommodation)
New Mount St., Manchester (Residential Buy-to-Let)
Assured 9% NET Yields for 2 years | Prices from £57,500
COMING SOON!
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The Purchase Process
& FAQs
Need to Know
Register your interest
Investing is a quick and easy process, simply;
1.
Speak to a Property Consultant and choose your apartment
2.
Complete the reservation form and pay the deposit
3.
Solicitor instructed, legal documents and sales pack sent out
4.
25% payable within 21 days, upon exchange of contracts (less the reservation fee) *
5.
25% payable 6 months from commencement of works
6.
Balance of 50% payable upon completion of your apartment
*Contracts need to be exchanged within 21 days of reservation/planning approval
Contact a property consultant today to reserve the best apartment!
Am I buying as freehold or leasehold?
250 years leasehold
What is the address of the site?
The Queen’s Brewery, 46 Moss Lane East, Manchester M15 5PH
Are these apartments completed?
No, The Queen’s Brewery is a refurbishment of a period building
Where are the projected annual returns?
Returns of up to 6.5% NET are assured for the first year
Can I recieve finance on this development?
There is currently no finace offered by the developer
When is my rental income paid?
Quarterly in arrears, direct into your bank account from completion
Is there a management company in place?
Yes, the designated management company will be PRIMO Property Management
Can I resell my unit?
Yes, you can sell at any time after exchange of contract
Are there any restrictions if I want to sell?
No, The Queen’s Brewery is a residential development, so you are free to sell your unit
on the open market
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The information contained within this document as a general guide. This information does not constitute an offer or a contract and we (or
anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within.
Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for
representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.