Chancerygate has submitted plans to speculatively build 72,140 sq ft of industrial and warehousing space in Bredbury, near Stockport.
Called Cromwell Park, the proposed scheme will be located on a four-acre site in Bredbury Park Industrial Estate and comprise 10 Grade A leasehold units ranging from 1,927 sq ft to 22,001 sq ft. The projected gross development value is around £16m.
The development site benefits from excellent access to the town centre and is less than one mile from junction 25 of the M60. Neighbouring occupiers include leading national bakery Allied Bakeries, international courier delivery services company TNT, carpet wholesaler Hadfields and chain manufacturer Renold Chains.
Chancerygate development manager, Chris Brown, who is based in the company’s Warrington office, said: “This is an exciting opportunity to build on one of the last remaining undeveloped sites allocated for employment in the Stockport borough.
“Our plans for Cromwell Park aim to meet the significant demand for high-quality, new-build industrial space that there is from businesses operating in and around Stockport and the wider North West. With planning now submitted, we are looking forward to working with Stockport Council to bring a much-needed, high specification industrial and warehousing development to Bredbury.”
Founded in 1995, Chancerygate is the UK’s largest multi-unit industrial developer and asset manager and the only one operating nationwide.
The company currently has more than 3.5m sq ft of industrial space under construction or ready for development across 32 sites ranging from Bournemouth to Edinburgh. In addition to Warrington, Chancerygate has offices in London, Birmingham, Bristol and Milton Keynes.
Agents for Cromwell Park are Williams Sillitoe and Cushman & Wakefield.