Leading industrial developer, Chancerygate has acquired a 16 acre site at Parkgate Industrial Estate in Knutsford, Cheshire, situated south of Manchester airport, with plans for a 300,000 sq ft logistics development to be installed.
The first phase will see an 85,000 sq ft speculative development of smaller units
Chancerygate development director in the North West Mike Walker said: “This is one of the prime locations in South Manchester and Cheshire that we have been targeting and the planned 300,000 sq ft development that we are going to undertake will be of interest to a number of national and local businesses. We have already had strong occupier interest.”
The site was acquired from Oliver Valves - one of the world's leading manufacturers of instrumentation, subsea and pipeline valves for the global energy sectors. The new project adds to Chancerygate’s current UK development pipeline of around 2.2m sq ft.
Oliver Valves was represented in the sale by Gerald Eve while Chancerygate was advised by Williams Sillitoe. Both agents have been retained as agents on the new development.