Fallowfield’s iconic 1960s Toast Rack building has been put up for sale by its owners ahead of a major redevelopment of the area.
The historic breakfast-themed building was sold to owner Overseas investor Estrela by Manchester Metropolitan University for a cool £5m back in 2014, now nearly a decade later it is being listed again.
A familiar sight amongst Manchester students young and old, the Grade II-listed landmark is now tipped for a big redevelopment – as the 3.71-acre site reappears on the market with detailed planning consent for over 200 homes.
Listed in a package that includes the entire Hollings Campus site – which is an area spanning four football pitches – also included in the sale are neighbouring buildings the Horseshoe, Gateway site, and Stitching Hall.
The package is being marketed by Cushman & Wakefield, with plans to include 20,910 sq ft of gym and leisure space, 7,582 sq ft of commercial space, and 154 car parking spaces, plus over 200 new flats, a gym, coffee shop, and a roof top garden.
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Image: Wikipedia
The redevelopment will mean the end of an era for one of the city’s most famous buildings, first created by Manchester City Council’s then Chief Architect Leonard Cecil Howitt to reflect its purpose as a catering college.
Originally known as the Hollings Building, its triangular shape, curling concrete arches and a circular block alongside soon led to the site being known colloquially as the Toast Rack.
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Opening to initial bemusement, the breakfast-themed building eventually became a beloved part of the Fallowfield region – especially in the student community after it was purchased by Manchester Metropolitan University.
In April 1998, The Toast Rack was even granted Grade II listed status by English Heritage – who described it as ‘a distinctive and memorable building which demonstrates this architect’s love of structural gymnastics in a dramatic way’.
Manchester Metropolitan University continued using the building until 2013, then decided to shift its student campuses further north and sold up the following year.
Four years later, The Gym Group moved in – turning the ‘Dru’m into a state-of-the-art leisure facility as part of a 15-year agreement.
In 2021, Generation Ltd was committed to delivering 210 apartments in the area alongside 20,000 sq ft of commercial space. Now it appears that that opportunity will instead be passed on to a new buyer.
Bruce Poizer, head of capital markets at Cushman & Wakefield in Manchester, told the Manchester Evening News: “The Toast Rack is one of the most striking and recognisable buildings in Manchester and we are delighted bring it to market.
“This is an incredibly rare opportunity to invest in a vibrant area that is ripe for development. Fallowfield is synonymous with student living, it is also a popular suburb for young professionals and families due to its proximity to Manchester city centre, cultural amenities and sport and leisure.
“We anticipate strong interest in this unique site and expect it to appeal to both build-to-rent and student accommodation investors and developers.”
Government announces homebuying overhaul to fix country’s ‘broken’ housing system
Emily Sergeant
The Government has announced what it’s calling the biggest shakeup to the homebuying system in this country’s history.
In a bid to ‘rewire a chaotic system which has become a barrier to homeownership for thousands nationwide, the Government has today (Monday 6 October) unveiled proposals that it says will speed up the long-drawn out and costly process of buying a home by four weeks.
The Housing Secretary says this will not only save people money, but unnecessary stress too.
The proposed new plans would see sellers and estate agents required to provide buyers with ‘vital’ information about a property upfront – including the condition of the home, leasehold costs, and chains of people waiting to move.
It’s hoped this will help end any last-minute chain collapses and ultimately give greater confidence to first-time buyers when they’re making one of life’s most important decisions.
The Government has announced plans to fix the country’s ‘broken’ housing system / Credit: Benjamin Elliott (via Unsplash)
Binding contracts could also be introduced to stop people walking away from agreements after buyers painstakingly spend months in negotiations to hopefully halve the number of failed transactions.
The new reforms are also proposing that prospective buyers are provided with side-by-side information on estate agents and conveyancers, including their track record and expertise, alongside new mandatory qualifications and Code of Practice to drive up standards and work to rebuild trust in the industry.
Prime Minister Keir Starmer took to Twitter this morning to address the proposed new homebuying overhaul, commenting: “I promised that my Government would fix the broken housing system.
“Buying or selling a home will be faster, unlocking the dream of homeownership and allowing hardworking people to focus on the next chapter of their lives. That’s national renewal.”
I promised that my government would fix the broken housing system.
Buying or selling a home will be faster, unlocking the dream of homeownership and allowing hardworking people to focus on the next chapter of their lives.
“Through our Plan for Change, we are putting more money back into working people’s pockets and making a simple dream a simple reality.”
Featured Image – James Feaver (via Unsplash)
Property
Inside the brand-new rental houses at Bolton’s landmark £35m development, Deansgate Gardens
Daisy Jackson
The first residents are in, and the launch of Deansgate Gardens – a landmark £35m development in Bolton town centre – is live.
This impressive new development has brought 167 high-quality rental homes to Bolton, creating a residential neighbourhood that features rooftop terraces, gardens, and stunning communal spaces.
The homes on Deansgate, Bolton have been built specifically for renters, with spacious layouts in an ideal location just a two-minute walk from Bolton Town Hall and a short commute to Manchester.
And, unusually for new rental developments, it’s not all about apartments here (though there are beautiful one- and two-bedroom apartments with rooftop gardens available).
It’s also somewhere you can rent two-bedroom townhouses, and have your very own yard.
Every home is built with energy efficiency in mind, with heat pumps and enhanced insulation, plus rooftop solar panels on selected homes, keeping those pesky bills down.
This pet-friendly development comes from developer Placefirst, and is a key moment in the wider £1bn regeneration masterplan for Bolton.
Inside Deansgate Gardens in BoltonInside Deansgate Gardens in BoltonA spacious bedroomThe rooftop terraceView from the rooftop terrace
Deansgate Gardens is located just opposite the former Beales department store, connected by the train station, bus interchange, and town centre within walking distance.
These stylish new homes are built around a central square and communal courtyards. The result? Somewhere residents can relax, socialise, and connect.
There’s even a dedicated Resident Service Manager and 24/7 maintenance support for peace of mind.
And just a short walk away you’ll find parks like Queen’s Park, plus beautiful routes along the River Croal.
Ready to make these houses your home? Book in for a tour around Deansgate Gardens today HERE.
Georgina Pellant -
20th June 2023 
