Seddon buys Allen House for small shed conversion

Seddon Developments has bought a 68,000 sq ft industrial unit on Ashton Road, Bredbury, for £1.55m.

The developer purchased the warehouse from investment company Palace Capital.

Knight Frank and GVA sold the unit on behalf of Palace. Colliers represented Seddon.

Seddon plans to work up proposals to redevelop the site to provide smaller, higher-quality industrial units on a freehold and rental basis.

GVA and Colliers have been retained by Seddon to market the redeveloped units.

Ruth Leighton, associate director of industrial at GVA, said: “The combination of a prime location and high quality unit, coupled with direct access at Junction 25 to the M60 ring road make this a unique and compelling real estate offer, for which we expect strong demand.”

Your Comments

Read our comments policy

Related Articles

Sign up to receive the Place Daily Briefing

Join more than 13,000 property professionals and receive your free daily round-up of built environment news direct to your inbox

Subscribe

Join more than 13,000 property professionals and sign up to receive your free daily round-up of built environment news direct to your inbox.

By subscribing, you are agreeing to our Terms & Conditions and Privacy Policy.

"*" indicates required fields

Your Job Field*
Other regional Publications - select below