Posted on October 19, 2016 by staff

Beech Holdings to transform factory left empty for 70 years


Property developer Beech Holdings has been given the green light to convert a Grade II-listed building in Manchester city centre into carbon-neutral homes.

Number 2 Waterloo Street used to be part of a factory and packing warehouse but has been empty for 70 years.

Beech Holdings will convert it into 17 apartments: eight with one bedroom, four with two bedrooms, three studios and two Duplexes.

“I am delighted to announce that we have received planning permission for Number 2 Waterloo Street from Manchester City Council,” said Beech Holdings owner Stephen Beech.

“We feel honoured to have the support of the council to restore this beautiful building for the enjoyment of many generations to come.

“Now that the development money has officially been allocated, we will focus our efforts to ensure new tenants can enjoy beautiful carbon-neutral homes within six months.”

Beech Holdings’ amazing tech-laden flats featured in the October edition of BusinessCloud magazine, which you can read in digital form at the bottom of this story.

There are also some pictures of the innovation to be found inside Beech’s properties on our website.

“It’s a forgotten gem and has been a ‘ghost building’ for a long time,” Beech said of 2 Waterloo Street.

“You can literally see the last people who have walked there. There are dints from workers’ steel clogs which obviously chipped away at the floor.

“We will invest £1.2m on Number 2 Waterloo Street’s transformation and are very pleased to be doing so as, otherwise, it would have just been allowed to crumble and decay.

“Our Beech Construction arm will bring this to market within six months, with the apartments boasting tall ceilings and open light living spaces.”

Beech Holdings bought the building for £1m.