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.
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work