Re:Co brings Chester Old Port site to market

Cheshire Oaks-based Re:Co Properties has instructed Legat Owen to sell a development site in Chester.

The site fronts New Crane Street and Sealand Road the A548, one of the main roads into the city centre.

The opportunity forms part of the Old Port redevelopment which includes Elan Homes' apartment scheme and new stables for Chester's Roodee Racecourse.

The site extends to 0.85 acres and previously had planning permission for a five-storey, 53,000 sq ft office development.

Stephen Wade, director of Legat Owen, said: "This is a superb opportunity to secure a gateway location alongside Chester's famous Roodee Racecourse. The site has potential for a wide range of uses and we will be delighted to discuss individual requirements on a bespoke basis. Our clients Re:Co has an enviable track record in the provision of turnkey property solutions and are able to offer completed buildings on either freehold or leasehold terms."

Re:Co was founded in 2009 by Sean Finlay, development director of Elan Homes and former Savills retail director, Paul Wright, who each have 25% of the business. Elan Homes owns 50%.

Elan Homes was established by ex-David McLean directors following the latter's collapse at the start of the recession.

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