Housebuilder Bellway has acquired Wirral Business Park in Greasby, a village in Wirral, for an undisclosed sum, enabling it to start building 127 homes on the site.
The 15-acre plot, sold by investment and development firm Blue Mantle Property, forms part of the wider Arrowe Brook Road industrial estate comprising three adjoining complexes.
Under Bellway’s plans, the existing 150,000 sq ft warehouse and accompanying office buildings is to be demolished to make way for the homes.
A total of 25 of the units will be designated as affordable while the remaining 102 will be for private sale, according to plans approved in March.
Wirral Council gave Bellway the green light despite the site being allocated as employment space. The authority said “the prospects of the premises being able to attract other employment uses in the longer term cannot be entirely ruled out”, but decided to permit Bellway’s plans.
Pegasus is the planning consultant and architect for the development, which will be known as Arrowe Brook Park.
Under the conditions of the planning approval, Bellway will make a total of £84,000 in section 106 contributions, including £63,500 towards the improvement of public open space and £20,500 towards highways.