HS2 project collapse brings 430 acres of prime Cheshire development land to market

NPL Cheshite portfolio

More than 400 acres of land in Northwhich, Cheshire, have been brought to market, comprising four sites offering huge potential to promote an employment development of regional importance in a single consolidated ownership.

CBRE’s Land Development and Industrial teams in Manchester have launched the 430-acre package on behalf of NPL Group.

Collectively, the Cheshire portfolio presents an opportunity to deliver a significant employment development with excellent connectivity to the M6 corridor via the A556.

Large tracts of the landholding were previously identified as employment allocations in the draft Local Plan but were removed as a result of safeguarding for HS2.

The removal of HS2 safeguarding returns this land as a viable and deliverable strategic opportunity.

Part of the portfolio also includes a site to the north of Lostock Gralam with potential for a residential extension of the existing settlement and is in close proximity to the local train station.

Kieran McLaughlin, Senior Director, CBRE, said: “This is a landmark and rare opportunity to purchase landholding of this scale and potential and we are inviting offers for either individual sites or on a portfolio basis.

“With the removal of HS2 safeguarding, coupled with the Local Authority’s announcement to undertake a Local Plan review, this signals a key opening for acquisition and development of these sites.”

NPL Group is a Glasgow-based group of privately-owned brownfield regeneration, remediation and land development companies.

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