July 20, 2024

Planning granted for £15m urban logistics development in Manchester

Chancerygate has been granted planning permission to speculatively build 59,500 sq ft of Grade A urban logistics space in Manchester, which could create up to 60 jobs. Called Eastside, the development will comprise nine units ranging from 4,000 sq ft to 14,000 sq ft and has a projected gross development value of approximately £15m.

The site, formerly Walkers of Manchester’s printing facility, is located on Crabtree Lane in Clayton under three miles east of Manchester city centre and two miles west of junction 23 of the M60 motorway.

Units on the 2.3-acre site will be available on a freehold or leasehold basis. Construction on the development is expected to commence in September this year.

Eastside sits near to the Eastlands Regeneration Area centred around Manchester City Football Club’s Etihad campus and the recently launched £365m Co-op Live entertainment venue.

Neighbouring occupiers in the retail scheme fronting Ashton New Road include Aldi, Subway and Greggs.

All units at the development will benefit from electric vehicle charging points, low air permeability design and solar cells on their roofs which provide green energy on an affordable basis to occupiers.

In addition, the units will be constructed from high-performance insulated cladding and roof materials to reduce CO2 emissions. The scheme is targeting an EPC A and BREEAM Very good rating.

Chancerygate development director, Chris Brown who is based in the company’s Warrington office, said: “We are pleased that planning has been granted and we can deliver a scheme that will ease the demand for high quality industrial and logistics accommodation in the area.

“The development’s strong ESG credentials and strategic location between the Manchester city centre and the M60 will appeal to potential occupiers from a wide range of sectors.

“We are already in detailed discussions with a number of parties for early commitments to the scheme, which is encouraging and emphasises the pent-up demand.”

Founded in 1995, Chancerygate is the UK’s largest urban logistics property developer and asset manager and the only one operating nationwide. It currently has around 2.65m sq ft of urban logistics space under construction or ready for development across 19 sites ranging from Edinburgh to Chichester.

In addition to Warrington, the company has offices in London, Birmingham and Bristol. In Europe, it has offices in Madrid and Dublin.

Agents for Eastside are JLL and Colliers CRE.