
Developer Chancerygate, has been granted planning permission to build 72,000 sq ft of Grade A logistics and warehouse units in Bredbury.
The Cromwell Park scheme will comprise nine units ranging from 2,300 sq ft to 59,500 sq ft, next to Allied Bakeries’ manufacturing site on Bredbury Park Industrial Estate, just off Junction 25 of the M60. The projected gross development value is around £16.5 million for the four-acre scheme.
Securing planning approval has triggered the completion of the Chancerygate’s land purchase from Associated British Foods Group, which operates Allied Bakeries and is behind a number of major food and drink brands.
Enabling works on the site are set to begin in late 2023, with construction commencing early in 2024. All buildings at Cromwell Park will benefit from electric vehicle charging points and solar cells on their roofs which provide up to 35 per cent of the units’ energy needs. In addition, the units will be constructed from high-performance building materials to reduce CO2 emissions. The project is targeting an EPC rating of A+ and BREEAM Very Good.
Chancerygate development director, Chris Brown, who is based in the company’s Warrington office, said:
“We are pleased to secure planning on this site and will now prepare to start the necessary works to begin the construction phase of the project.
“Our agents have received an unprecedented number of occupier enquiries for the site, and we are confident take up will be strong given the lack of alternative new Grade A space in Bredbury.
“The scheme marks one of the last remaining opportunities to develop a site allocated for employment in the Stockport borough, so will support and enable growth within the local economy.”
Agents for the proposed scheme are Williams Sillitoe and Cushman & Wakefield.