Chancerygate gears up for 2024 start on £16m Bredbury industrial
Armed with a recently awarded planning approval from Stockport Council, the developer is ready to start on its 72,000 sq ft Cromwell Park.
Comprising nine Grade A industrial units ranging from 2,200 sq ft to 21,000 sq ft GIA, Cromwell Park has a projected gross development value of around £16.5m.
Cromwell Park was designed by UMC Architects and has a target EPC rating of A+ and a BREEAM score of Very Good.
Chancerygate is aiming to start main construction work on the site in early 2024, with enabling works commencing later this year.
Cromwell Park sits on four acres west of Castle Hill within the Bredbury Park Industrial Estate. Its neighbours include Hadfields, TNT, and Allied Bakeries.
Williams Sillitoe and Cushman & Wakefield are the joint leasing agents for Cromwell Park and have already received an “unprecedented” number of enquires from potential occupiers, according to Chancerygate development director Chris Brown.
“We are confident take up will be strong given the lack of alternative new Grade A space in Bredbury,” Brown said.
“The scheme marks one of the last remaining opportunities to develop a site allocated for employment in the Stockport borough, so will support and enable growth within the local economy.”
Chancerygate is more than just a developer. The company also manages more than £385m-worth of assets. Earlier this year, the developer wrapped up its £41m Norse Trade Park in Congleton.
Hourigan Planning is the planning consultant for the Bredbury scheme.
You can learn more about Cromwell Park by searching DC/083927 on Stockport Council’s planning portal.