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.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →