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12/12/2023

Practical Completion Reached On Development In Oldham

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Chancerygate has reached practical completion at its 110,000 sq ft urban logistics and industrial development in Chadderton, near Oldham.

Named Broadway Central, the eight-unit scheme comprises seven units across two terraces ranging from 7,600 sq ft to 18,200 sq ft and one stand-alone unit of 27,000 sq ft. Units are available on a leasehold basis, and the scheme has a gross development value of around £23 million.

One of the UK's leading and largest comprehensive automotive repairer, have signed a 15-year lease on the stand-alone unit and one other unit is under offer.
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Broadway Central is a short drive away from both the main M60 and M62 motorways, and located six miles north of Manchester city centre.

The scheme is part of the wider 121-acre mixed use Broadway Green, which is delivering 700,000 sq ft of employment space and 500 new homes.

All properties at the development achieved a BREEAM Very good rating and benefit from electric vehicle charging points.

In addition, the units are constructed from high-performance building materials and 15 per cent roof lights to reduce CO2 emissions and occupational energy costs.

Chancerygate development manager, Andy Farrer, who is based in the company's Warrington office, said: "There is a strong demand in the North West for high specification, sustainable urban logistics and industrial accommodation and Broadway Central will help satisfy this demand.

"The scheme's strategic location near to arterial routes and Manchester city centre means occupiers will be best placed to serve both the locality and the wider North West region.

"We are seeing a lot of interest in the remaining units at the scheme, so would urge any interested parties to contact us as soon as possible."

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