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Grosvenor acquires second Manchester asset
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Place North West | Grosvenor buys Manchester s Canada House
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Buses diverted and roads closed as protest planned in Manchester today
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Great Manchester Run 2021 road closures for Saturday and Sunday
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Neil Tague
Investor Shenton Homes has acquired No. 1 Chepstow Street in Manchester from McDonald’s Restaurants and outlined its intention to deliver apartments on the upper floors.
The 20,000 sq ft space occupies a prominent location at the junction of Chepstow Street, Oxford Street and Portland Street.
Formerly home to a picturehouse, one of four around the junction, the site houses a 24-hour McDonald’s that will remain in operation.
Terms of the deal were undisclosed. The company has not yet said how many flats the space will be divided into, but is likely to retain them within its portfolio to be rented out,