Chancerygate targets small freehold industrial gap

Chancerygate has been granted planning consent to speculatively develop 12 industrial units and refurbish an existing warehouse at Eaton Point, part of Matrix Park in Chorley.

Savills has been instructed as letting agent on both elements, acting jointly with Robert Pinkus & Co on the speculative units and with Gerald Eve on the refurbished property.

Construction of the 12 new units, totalling 46,690 sq ft, is due to begin in the summer.  Completion is anticipated for early 2018, with the properties available freehold or leasehold.

Additionally, a vacant unit at Eaton Point, which extends to 47,478 sq ft, will undergo a comprehensive refurbishment and works are due to be finished by August 2017.

Eaton Point is located one mile from Junction 28 of the M6 and three miles from Junction 8 of the M61. Other occupiers within the scheme include Waitrose, Bodycare, Synergy Health and NSG.

Mike Walker, development director of Chancerygate, said: “There is a lack of supply of good quality mid-box units on the M6 corridor and similarly for new small freehold units.  We have encouraging early interest from occupiers for these units.”

Jon Atherton, industrial director at Savills Manchester, added: “Chancerygate’s major investment in Eaton Park will create much needed industrial space in the North West, where demand significantly outweighs supply. The quality of space on offer and excellent connectivity will no doubt prove attractive to a wide range of local and national occupiers.”

Hourigan Connolly advised Chancerygate on the planning application.

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