CBRE brings 430 acres of Cheshire land to market
Acting on behalf of NPL Group, the firm is handling a quartet of strategic plots within close range of each other in Northwich.
The portfolio includes a site to the north of Lostock Gralam with potential for a residential extension to an existing settlement, which is also within reach of a train station.
Offers will be accepted either on the individual sites or on a portfolio basis, but the guide price on both counts remains undisclosed.
The largest of the sites is off King Street, which measures 189 acres. The others up for grabs are a 47-acre site in Longwood, a 35-acre portion of land at Winnington Wood, and a 32-acre plot at Gadbrook Park.
All four sites are within a few miles of each other to the east of Northwich, and close to the M6.
Under single ownership there would be potential to create an employment development of regional importance across the sites, according to CBRE.
Swathes of the landholding previously earmarked for employment use in Cheshire West and Chester’s draft local plan were removed as a result of safeguarding for HS2.
But since the high speed rail line’s Northern leg was scrapped last year, the land has re-emerged as a viable and deliverable strategic opportunity.
Kieran McLaughlin, senior director, CBRE said: “This is a landmark and rare opportunity to purchase landholding of this scale and potential and we are inviting offers for either individual sites or on a portfolio basis.
“With the removal of HS2 safeguarding coupled with the local authority’s announcement to undertake a local plan review, this signals a key opening for acquisition and development of these sites.”
The scrapping of the HS2 leg from Manchester to Birmingham is a tragedy for the whole of the North of England and set the regions back decades.
Even the Conservative mayor for the West Midlands was supportive of this leg of HS2.
Still London has another part of HS2 coming out of the city and will eventually ensure the line reaches Euston.
By Peter Chapman
Cheshire East’s draft local plan? Do you mean Cheshire West and Chester?
By Anonymous
Apologies, yes this has been amended.
By Rory Sheehan
Good news that not only has our area been saved from the destruction brought on by HS2 we may now get some investment and local jobs instead.
By Anonymous
Looking at the photos, this to me looks like Greenbelt land. If that’s the case. Why are we allowing it to be swallowed up by these massive developments.
By Cyril heap
Any more house building around Northwich will bring this small town to a grinding halt.
By Ceci
They need to improve the infrastructure significantly before breaking ground. The roads need to connect between MAN on the east of Knutsford and southern Holme Chapel, M6/J19 needs relief.
By The Observer
Stop mass immigration stop mass development.
Farmland should produce food
By Chris p
A number of years ago a southern bypass for Knutsford was proposed connecting up to A556 at lostock, Northwich
Now is the time to look at this proposal again! So effectively you could have a bypass from Morrison’s, Rudheath roundabout Northwich going south of knutsford to the M6. Creating a new junction this then could connect up to the A34 in the east
Benefits
1) Relieve traffic chaos at junction 19
2) Relieve traffic chaos in knutsford town centre
3) Allow west to east traffic flow – so Northwich/ knutsford to Wilmslow/Macclesfield
4) Finally 430 acres next to the A556 would create significant employment and housing opportunities for the existing population in our county and creating an west to east bypass with that M6 connection would only improve matters.
By Northwich
Is the land agricultural
By Anonymous
Yet more green land, lost forever. Very sad news.
By Anonymous
Looks like these sites have been taken off the market. Worth an update in light of a change of government?
By Anonymous