Liverpool Street Praedius p.Google Earth snapshot

The site could be redeveloped for residential or commercial uses. Credit: Google Earth

Salford National Grid plot sold for £6.25m 

Praedius, the development arm of Warrington-based European Metal Recycling, has acquired a five-acre former gas holder site off Liverpool Street. 

BNP Paribas Real Estate sold the site, located opposite EMR’s Salford facility, to Praedius on behalf of the National Grid for £6.25m.  

The plot is located off West Egerton Street, which connects Liverpool Street with Regent Road. Part of the site is occupied by car dealership RRG Group on a short-term lease. 

“The site attracted significant interest due to its positioning between all the business, residential and leisure offerings at both Manchester city centre and Salford Quays,” said Alex Willis, senior associate director of development consulting at BNP Paribas Real Estate. 

“Developers are increasingly seeking out Salford opportunities as city centre space becomes increasingly limited, and residential pricing and commercial rents increase to reflect consumer demand.” 

The site could be redeveloped into homes or commercial space subject to planning approval. 

Previous indicative proposals for the site include 85,000 sq ft of commercial units and series of multi-storey buildings providing around 500 apartments, according to marketing materials. 

Praedius specialises in land acquisition, regeneration and redevelopment, according to EMR’s website. The company declined to comment on its acquisition when approached by Place North West.

Praedius manages a commercial and industrial portfolio of 300 acres that is valued at £100m. 

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Look at all that dereliction, space wasted on surface parking. All of it should be redeveloped, preferably affordable housing

By Anonymous

Perfect site for some (very) high rise apartments with it so close to the city centre and Media City. Let’s hope they build a fair few that are spacious and all have balconies.


@anoymous – its all parking for the vauxhall and citroen car dealers next to the site….

By Anonymous

@anonymous it’s ridiculous how much space is allocated to cars, either to store them or to facilitate their movement, often with just the one person in them. Yet watch the nuclear levels of meltdown when they install a few metres of cycle lane…

By Anonymous

That site is going to need an expensive cleanup after the many years of pollution much like Grand Island had after the gasometer was removed. Will be worth it though because of the location. Almost feels these days as if the city centre is starting to flow out down The Crescent and Liverpool Rd.

By Anonymous

It’s going to be an extension of EMR scrap yard.

By Anonymous

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