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Agecroft completes Edge Street development

Date added: 19/11/2015





Cheshire-based property company Agecroft Investments has completed a six-storey mixed-use development in Manchester's popular Northern Quarter, a project which forms part of the transformation of Edge Street.

The business, which operates out of Alderley Edge, said that it would fulfil a long-term investment strategy to regenerate Edge Street this autumn by finishing Bollin House, a property comprising ground-floor retail space and 14 luxury apartments on the upper five floors.

Bollin House represents the culmination of Agecroft's bid to turn Edge Street into "an attractive destination offering a diverse mix of residents, retailers, restaurateurs and other businesses that reflect the creative and alternative theme of the Northern Quarter". It has owned several properties on Edge Street for almost half a century and ramped up its investment there over the past decade.

Fraser Westbrook, managing director of Agecroft Investments, said: "We're a genuinely long-term investor in Edge Street and the wider Northern Quarter having owned certain properties there for more than 50 years.

"Our strategic vision has allowed us to create a thriving and exciting community at the heart of the ongoing regeneration of the Northern Quarter as a hub for alternative culture including the music, fashion and creative industries.

"We'll continue to show our commitment to the area's immediate and longer term prospects with further financial investments."

Agecroft's longstanding presence in the Northern Quarter also includes ownership of the premises of Oi Polloi, Teacup, The Bay Horse, Marble and Terrace in Thomas Street and its next substantial investment there will be in numbers 52 and 28.

All Edge Street properties are managed on behalf of Agecroft by Manchester-based Scanlans Property Management.

Ian Stanistreet (pictured), partner at Scanlans Property Management, said: "The Northern Quarter is now firmly established as one of the most popular parts of Manchester and Edge Street is at the very heart of it.

"Scanlans have acted on behalf of Agecroft for over 25 years and have seen many changes in the area. These are exciting times for the Northern Quarter and we are delighted to have advised Agecroft throughout the investment programme."



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