Wainhomes snaps up spare chunk of business park

Deal done

A 4.5-acre site which was part of a business park in Hyde, Greater Manchester has been sold by owner Northern Trust to Wainhomes.

Northern Trust gained planning permission in 2015 or up 49 homes on a surplus part of its East Tame Business Park.

A reserved matters application was submitted in 2016 and remediation of the site was completed in March this year.

Northern Trust has retained 229,179sq ft of the estate which is now fully occupied.

John Tootell, planning manager at Northern Trust said “We have worked closely with Wainhomes on the sale and look forward to seeing the new housing development come to fruition which will provide further investment into the area.”

Peter Barlow, managing director in the North West for Wainhomes said: “We see this development as an exciting opportunity to redevelop a ‘brownfield’ area of land located in a very sustainable and accessible location which will further enhance the localities housing offering of luxury 3 and 4 bedroomed family homes.

“Wainhomes has targeted Tameside as a key strategic location to invest in due to its proximity to Manchester and Stockport and excellent road and rail network.

“This development will be the first of many within Tameside and therefore see this development as part of a long term investment within this ambitious borough.”

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