Chancerygate submits plans for Manchester scheme
URBAN LOGISTICS developer Chancerygate has submitted plans to speculatively build 59,500 ft2 of Grade A urban logistics and industrial space in Clayton, East Manchester.
By Liza Helps, Property Editor, Logistics Matters
Called Eastside, the proposed scheme will comprise nine units ranging from 4,000 to 14,000 ft2 available on a freehold or leasehold basis. The projected gross development value is approximately £15m.
The 2.3-acre site, which was formerly Walkers of Manchester’s printing facility, was acquired in October last year. The scheme is targeting an EPC A and BREEAM Excellent rating.
Chancerygate development director, Chris Brown, said: “There’s an acute shortage of high-quality industrial and logistics accommodation for SMEs serving the East Manchester catchment.
“Our proposed Eastside development will help satisfy this demand with occupiers having the rare opportunity to purchase their own building.
Chancerygate was advised on the site acquisition by Colliers and the site was sold by WT Gunson. Both these parties are retained as agents going forward.
