Development Appraisal & Financial Modelling
Heritage & Listed Buildings
The Grade II listed Ancoats Dispensary dates from the 1870s and is the last remaining building on the original Ancoats Hospital site.
It is within the New Islington scheme, in one of the most deprived areas of Manchester. Neighbouring the building is Will Alsop’s famous Chips building, along with a variety of other contemporary residential and commercial properties.
Work was undertaken with Heritage Works (national Building Preservation Trust) to explore the viable reuse of the building. The objective was to identify a viable future which funders could support.
- AspinallVerdi conducted extensive market testing with the public and private sector to identify end uses and users. This included direct approaches, social media and other forms of marketing.
- Advice on potential funding and third sector partnerships which could be formed to deliver the ultimate scheme.
- Assistance with financial analysis of proposed development options and assessment of development risks.
- Engagement with stakeholders to explore prospects of partnership working and support for the restoration and re-use of the building.