Failed flat conversion in Ashton back on the market for £1.5m
Friday 19th October 2018 @ 16:18 by Tom Greggan
Ashton Business News Tameside

A landmark building which dominates the Ashton skyline is back on the market after a failed conversion into 51 apartments that have never been occupied.

The ten-storey-high Oakglade House, formerly Crown House – is being offered for sale for a cool £1.5m.

The property was once home to Ashton’s tax office and occupied from the 1960s until the summer of 2009 by HMRC. There were discussions back in 2010 about the possibility of the building becoming a college but they were never progressed.

The once dark grey imposing building, which stands next to Ashton’s Royal Mail sorting office, was then totally transformed into a colourful block of apartments.

Two penthouse suites were added to the top of the building with their own terraces providing far reaching views across Saddleworth to the east and Manchester to the west.

Works began at the end of 2013 by Salford-based Stama Developments Ltd. The building, which stands on the corner of Booth Street and Fleet Street with the A635 running along the southern boundary, was eventually painted yellow and red, with metal balconies added to both sides for individual apartments.

Oakglade House is back on the market for £1.5m.

Inside the ten floors were totally transformed into swish, brand new spacious apartments with wooden and tile flooring and fully tiled bathrooms and brand new kitchens, with many of the upper floor apartments affording spectacular views across the skyline.

By 2016 the apartments had come to the rental market with an office set up inside the ground floor apartment and prospective tenants touring the building to choose their favourite flat.

However, catastrophe struck soon after with the building suddenly ‘closed down’ and locked up with notices warning the public that the building was still a building site and not to enter.

Those who did step in at the time reported widespread flooding, with walls dripping wet and wooden floors sadly warped, rising and buckled.

Now, having stood empty since the conversion, the building is being offered up for sale to prospective purchasers as a refurbishment / development opportunity.

The sales information makes it clear that significant works are still required to bring the apartments up to scratch and meet planning approvals outlined by Tameside Council’s planning department.

The opportunity is being offered by Manchester-based Roger Hannah & Co, who say they have been instructed to sell the freehold interests in the whole buildings and 50 of the 51 long leasehold (residue of 125 years) apartments. The site also provides 31 on-site car parking spaces accessed off Fleet Street.

The development consists of ten studio apartments, one, one bedroom apartment; 29 two bed and 11 three bed apartments.

Information from Roger Hannah states: “The conversion was not satisfactorily completed by the original developer and has never been occupied.

“The property is currently vacant and works will be required to the building to bring it up to a suitable state of repair.

“The developer will be required to undertake a schedule of works. A high level scoping document is available.”

Informal tenders are now invited for the freehold and long leasehold interests on a conditional and unconditional basis with any bidding party required to provide a track record of development.

The location of the building is listed as being within the town centre conservation area and was identified in the Ashton Town Centre Strategy SPD as being a potential redevelopment site as offices or for residential use.

Interested parties can contact Roger Hannah & Co by telephoning 0161 817 3399 or for further information, e-mailing [email protected].