Co-op offers AskBury £35m funding line

24 October 2008 09:29 Comments (0)

A joint venture of Ask and Bury council has secured £35m of debt finance from the Co-operative Bank in Manchester to fund construction of the Townside development.

The debt will be used to build 90,000 sq ft of offices prelet to Bury council and the Bury PCT, as well as public realm and a multi-storey car park. The jv also plans a 110-bedroom hotel for Premier Inn.

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