INVEST IN
MEDIACITYUK
INTRODUCING
MEDIACITYUK MediaCityUK is one of Greater Manchester’s greatest success stories. In just over a decade, Salford’s derelict port dockland has been transformed into Europe’s first purpose-built media and telecommunications hub. The 200-acre site is now home to some of the biggest names in media such as the BBC and ITV as well as approximately 250 other innovative businesses. The beautiful waterfront area in Salford is now one of the up and coming areas in the UK, with an influx of young professionals flocking to the vibrant area to live and work over the last decade. MediaCityUK has also established itself as a world class tourist destination, offering an eclectic mix of activities from thrilling water sports to theatre productions.
2,500 The BBC is MediaCityUK’s biggest tenant with more than 2,500 employees based at the site. (MediaCityUK, 2017)
1
MediaCityUK
Greater Manchester
£4bn Over the next 20 years, Salford’s economy is forecast to generate more than £4bn GVA – a growth of 68% (Greater Manchester Property Guide 2016)
1,000 There are over 1,000 businesses in the Salford Quays area employing a further 27,500 people, up from 24,000 in 2008 (The Gaurdian, 2017)
Infrastructure • Greater Manchester’s Metrolink is one of the best transport systems in the UK and currently carries around 20 million passengers every year. • The tram from MediaCityUK only takes 15 minutes to Manchester city centre and 20 minutes to Manchester Piccadilly, which provides direct access to other cities across the UK. • The Trafford Park Line will run from Pomona Metrolink stop and terminate at intu Trafford Centre. It is expected to open in 2021. • There are frequent bus services that run from MediaCityUK to Manchester city centre throughout the day. • Access to the site by car has improved with the construction of Broadway Link Road, which connects MediaCityUK to the M602 motorway.
£550m Investment value of Phase 1 of MediaCityUK - £550m (Manchester Evening News, 2017)
Phase 2 of MediaCityUK features additional housing and offices and will create hundreds more employment opportunities. (MediaCityUK, 2017)
Housing • The average price of a property in Salford Quays is £172,988. • Average house prices have increased by 28.01% in the last 5 years. • The average price of apartments has grown enormously, increasing by 30.3% since 2012. • At the end of 2016, Salford saw one of the biggest rises in rental yields
1,500
2
200+
The University of Salford occupies space on the site, providing around 1,500 media students with world-class facilities.
MediaCityUK is home to more than 200 businesses, and this will grow with the business hub expanding in Phase 2.
(MediaCityUK, 2017)
(MediaCityUK, 2017)
27,500 There are approximately 7,000 people employed at MediaCityUK with a further 27,500 in the wider Salford Quays area. (MediaCityUK, 2017)
Contact us Whether you are looking for a high-yielding investment property or would like to enquire about becoming part of our extensive Agents Network, please contact us to set up a meeting to further discuss your requirements and determine how Knight Knox can best help you. Get in touch Address: Knight Knox, Quay West at MediaCityUK, Trafford Wharf Road, Manchester M17 1HH Tel: +44 (0)161 772 1370 Fax: +44 (0)161 241 5360 Email: info@knightknox.com Find us online Website: www.knightknox.com
The content contained within is correct at the time of publishing (July 2017).