Mansion Group acquires £4.75m vacant hall of residence in Manchester
Cheadle-based property business The Mansion Group has acquired a vacant hall of residence in Manchester for £4.75m in a joint venture with Turnberry Investment Group.
Allen Hall, built around 1960, is situated in a highly prominent position fronting Wilmslow Road, the principal student thoroughfare in Manchester.
It was previously leased to the University of Manchester and has been unoccupied since 2012.
The property will be renamed Mansion Point and comprises four individual buildings on a large landscaped site which will b... For the full story register now for free or login below...