Rugby Mill to be demolished for £4 million development
Rugby Mill in Chadderton, near Oldhan, will be demolished to make way for a £4 million development that promises jobs.
Current owners Casey Group of Rochdale bought the 200,000 sq ft mill in 2011.
The three acre plot joins a further six acres of land owned by Casey, which will be developed into industrial and warehouse units.
Preston O’Herlihy and Lambert Smith Hampton have been retained as joint agents on the development.
Sara-Jane Preston of Preston O’Herlihy, who advised Casey in the acquisition, said: “The demolition is the first phase in a significant development for the Oldham area.
“The site will be cleared by Easter 2014, and will be offered as short-term storage while being marketed for phase one of the scheme. This will involve £4m of new investment and will create many new jobs in Oldham Borough.”
Andrew Aherne, director of Industrial at Lambert Smith Hampton, commented: “We’re delighted to be working jointly with Casey Group and Preston O’Herlihy on this project.
“The site will offer one of the very few prime developments on the east side of the M60, and provides a unique opportunity for occupiers seeking to locate in the area.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?