Developer Chancerygate will speculatively develop the first phase of its 284,000 sq ft industrial scheme next to Parkgate Industrial Estate in Knutsford after securing planning consent from Cheshire East Council.
The developer and asset manager submitted a planning application for the development, named Novus, in January this year, and Cheshire East signed off the project at a meeting of the council’s strategic planning board last month.
It will act as an extension of the existing Parkgate Industrial Estate on a 16-acre site at the eastern end of Haig Road. Chancerygate acquired the site from Oliver Valves last summer.
Novus will feature 16 units in total and will be delivered in phases: the first includes seven units totalling 85,000 sq ft, which will be developed speculatively; the remainder of the site is likely to be developed in further speculative or design-and-build phases, depending on occupier requirement.
A start date has not been set, and a main contractor is yet to be appointed. The project won planning approval from Cheshire East despite heavy criticism from local councillors and businesses, which had argued the development would lead to traffic congestion on the Parkgate Lane junction. However, following the agreement of a highways improvements package by the developer, the council agreed to back the proposals by eight votes to three.
Mike Walker, development director for Chancerygate in the North West, said there had been “high interest from potential occupiers bases within and outside the local area”, and added the developer was “working to secure the first deals” for the scheme.
“As part of the new scheme, Chancerygate will work closely with other key stakeholders to deliver highway improvements that will bring benefits to the wider local area,” he added.
‘’Novus has the potential to generate up to 720 jobs and hence the scheme will become important to the future economic success of Knutsford.”
The professional team on the project includes architect UMC, and Hourigan Connolly as planning consultant. Gerald Eve and Williams Sillitoe are the retained agents.