The Mill

CONTEMPORARY CITY LIVING IN MANCHESTER

Planning to invest in the UK? Consider the newly built The Mill – Phase B, the last phase of the refurbished 19th century industrial mill, Orchid Point

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More than just the shouts of Manchester United in the stadiums during football matches, Manchester is also a city ranked fourth most bike friendly city in the UK, and fifth best sport city in the world.

It is therefore not surprising that Manchester is also the second most populous urban area in the United Kingdom with 2.55 million people (year 2014).

Located in the North-western England, Manchester is a city that is set for exponential economic growth. A metropolitan district, Manchester is ranked third largest for its economy in the UK. Manchester‘s commercial area is in Manchester city centre.

This city is progressively instrumental in linking their region or state into the world’s economy and is therefore the only city except London in the United Kingdom to be recognised as a Beta City by the Globalisation and World Cities Research Network today.

According to KPMG’s Competitive Alternative 2012 report, Manchester is among Europe’s most affordable cities. It is also a city that attracts many foreign tourists, recorded as the third-most visited cities by foreign visitors, only after London and Edinburgh.

Manchester is notable for housing the first inter-city passenger railway station called the Manchester Liverpool Road railway station.

Many global companies from Europe have their headquarters in Manchester, such as Kellogg, Adidas, Siemens, tote sports, even companies from United Arab Emirates, Etihad Airways and India’s Aegis. Manchester is also at the forefront of cloud computing with companies such as CISCO, Oracle, EMC based in this city.

Manchester also has the highest number of ‘premium retailers’, such as Harvey Nichols, Marks and Spencer, and Selfridges, as well as a number of designer boutiques.

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Education

There are three universities in the City of Manchester. The University of Manchester is the largest full-time non-collegiate university in the United Kingdom, followed by the Manchester Metropolitan University, and the University of Law.

These three universities are grouped around Oxford Road on the Southern side of Manchester City Centre, and form the largest urban higher education precinct in Europe.

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Infrastructure

Machester City is ranked in the top 10 by Cushman and Wakefield European cities monitor 2011. Located in the central region in the UK, it has better connectivity as it has more motorways than any other cities in the country.

The fifth-busiest world freight terminal is the Manchester airport, just behind Heathrow, East Midlands airport, Gatwick and Stansted where major airlines serve global destination from Manchester.

There is only better news when it comes to rail, as under the UK’s government plans, Manchester will be connected to London via High speed 2, a high-speed railway by 2033.

The train will also stop at the Manchester airport, persons using this train to London will have their journey time reduced from 2 hours to 1 hour.

Currently Manchester is served by UK’s largest light rail network, the Metrolink. This network reaches key destinations such as Etihad Stadium, East Didsbury, Central Park, MediaCityUK and Kingsway Business Park.

Manchester Piccadilly, Manchester Victoria, Manchester Oxford Road, and Deansgate are four stations in Manchester that serve a combined passenger usage of 37 million in year 2011-2012 alone.

Central to the GBP560 million Northern Hub developments is Manchester. This is a rail project aimed at stimulating economic growth across Northern England. Reducing journey times by increasing rail frequency, between major cities, and towns in the north.

UK Chancellor George Osborne approved the budget and the first trains are expected to run on the new linking track in next year, the project will be completed by 2018.

The only city in the UK to offer next generation fibre optic broadband speed is Manchester, with download speed at 100MB per second. Manchester is the converging place for all primary telecom carriers and fibre optic networks for UK.

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Orchid Point, Manchester

Sitting just around the corner from Trafford Park, and strategically located within 5km from Manchester City Centre via Chester Road, is a GBP30 million refurbished, 19th century industrial mill, named as Orchid Point Apartments.

This is a development that reflects the thriving Manchester that continues to grow as a successful metropolitan hub.

Just a stone’s throw away from the vibrant and the buzz of MediaCity UK and Salford Quays, The Mill – phase B is currently being developed by Absolute Living Developments.

The Absolute Living Development is a property development and project management company, with the core experience in the delivery of new and refurbished UK developments to international investors and will be listed on the US NASDAQ stock exchange with Arem Pacific Corporation.

The Mill – phase B is the last phase of the highly popular Orchid Point scheme. The Gross Development Value (GDV) of this development is approximately GBP 20 million and is expected to be completed by April 2017.

Home-owners will have the option to either choose to stay in one of the 62-unit serviced apartment ranging from a comfortable size of 410 sq.ft. to a spacious 1,500 sq.ft. or buy one of the five exclusive commercial units.

The serviced apartment is spread over 6 floors with 8-person passenger lift access, homeowners will also enjoy privileges which include underground covered car parking facilities, and even private car parking spaces for selected units.

These serviced residence units also have en-suite shower room and family bathroom with boutique styling and designer fittings and sandstone coloured vinyl sheeting flooring.

The bedrooms, halls and living rooms are pre-wired for BT and broadband, as well as Freeview, SKY and DAB radio services.

With fitted worktop and splashbacks, homeowners will find a contemporary Technik Oak Kitchen in their units.

The kitchen comes with free standing oven, with integrated 4-ring induction hob and large format ceramic floor tiles in four colour options.

Among the interior finishing’s highlight, include solid fire rated doors with Dulux grey finish and polished chrome handles, wood effect laminate flooring to entrance and also a door entry system with two way speech facility and call panel.

These leasehold units have tenure of over a century or 125 years, enough to pass it on as an attractive investment and a beautiful place for your children to stay.

The prices start from an affordable price range of as little as GBP 77,000. Investor would love to know by investing in this development, they will be provided an assured rental guarantee period of 2 years GRR paid in advance.

Interested persons can contact +6010-2179 777 to find out more or place a booking for one of the units now.

Factsheet

Product Name: The Mill

Development Concept: Serviced Apartment

Tenure: 125 years lease

Lot Size/Land Size: From 410 sft to 1500 sft

No. of units : 62 apartment units & 5 commercial lots

Gross Development Value (GDV): Approx. GBP 20mil

Completion Date: April 2017

Developer Name: Absolute Living Developments

Website: http://www.themillmanchestercity.com

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