Chancerygate and Bridges Fund Management have submitted plans to develop a 170,000 sq ft urban logistics space in Adlington, Cheshire.
Called Avro Business Park, the proposed scheme is located off London Road, south of Poynton town centre, and will adjoin Adlington Business Park & Industrial Estate.
The projected gross development value is around £36m.
All units at Avro Park will be fitted with active and passive electric vehicle charging points and solar cells on their roofs, which will provide occupiers with green energy on an affordable basis. In addition, the accommodation is being constructed from high-performance building materials to reduce CO2 emissions and occupier operation costs.
These features will support the development’s target of achieving a BREEAM rating of Excellent and EPC A+ as well as being Net Zero Carbon for regulated energy.
Neighbouring occupiers to the proposed development include confectionery manufacturer Swizzels, tray sealing and packaging line specialist Proseal, and transport company William Kirk.
Commenting on the acquisition, Chancerygate development director, Chris Brown, who is based in the company’s Warrington office, said: “The location of this site has been transformed by the completion of the new Poynton Relief Road and is now directly connected to the airport and the M56 in under 10 minutes’ drive, whilst also providing excellent connectivity to wider south Manchester and Cheshire markets.
“The site is now accessible to a very diverse range of occupiers and we have already received strong interest to satisfy larger Design and Build requirements from occupiers who are desperate to expand or consolidate their operations in the Cheshire / South Manchester area.
“The proposed development will help stimulate further investment and support the creation of up to 250 jobs, bringing wider economic benefits for both the local and regional economy.”
Bridges partner, Guy Bowden, said: “At Avro Park, we’re aiming to develop a high-quality scheme that will create up to 250 jobs and support the growth of the local economy. As always, we’re focused on achieving the highest possible sustainability standards – not only because it’s better for the planet but also because it makes the units more attractive to the many potential occupiers locally.”
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