Bay Horse REIP

Real Estate secures Co-op in Hyde

Real Estate Investment Partnerships and Hardy Mill Properties have secured planning consent for a retail development on the site of the former Bay Horse pub in Hyde, anchored by The Co-operative.

The site, situated on the corner of Talbot Road and Victoria Street, on the main link road between Hyde and Stalybridge, was purchased in a partnership between Real Estate Investment Partnerships and Hardy Mill Properties.

The development will see the demolition of the existing pub, which has been closed for three years, and construction of three retail units. The Co-operative has agreed to take the largest 3,500 sq ft unit for a local foodstore. Real Estate is also in talks with other national retailers for the remaining units, both approximately 1,000 sq ft.

Real Estate aims to be on site by November 2015 with practical completion targeted for May 2016.

Steve Slater, investment Director at Real Estate Investment Partnerships commented: “Real Estate saw a lot of potential when we saw this site and we are looking forward to beginning work to transform it into something that will benefit the local community. Its great location means people passing between Stalybridge and Hyde can also benefit from the retail offer. We are continuing to look at other potential sites across the North West for future development.”

The news follows the recent completion of work on Real Estate’s Horwich development, a joint venture with Barnfield Construction, also anchored by the Co-operative with lettings also to Barnardo’s, Subway and Greenhalgh’s Craft Bakers. The investment opportunity will shortly be brought to market by Metis Real Estate.

Your Comments

Can you please give an update on this project as its currently just a pile of rubble when it was supposed to be completed by May 2016. Thanks

By Colin paterson

Is this new coop in Newton Hyde ever going to be built, the pub was demolished earlier this year and we have been left with an enormous crater and metal fencing all around it. The area looks worse now than it did when the pub was boarded up.
Please Hardy Mill Properties give the local people who have to look at this everyday an update. If its not going a head fill in the crater and remove the fencing !!!

By Mr Collins

I have contacted Tameside council via twitter who said they will look into this matter. As of yet they have not responded.
I will however chase them up and post any response here

By Colin paterson

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