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Acquisition of former gasworks development site in Nantwich now complete

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A 1.73 acre development site on St Anne’s Lane in Nantwich, Cheshire has been sold to three local businessmen for an undisclosed sum, in a deal brokered by Colliers.


The new owners have been granted planning permission to transform the former gasworks site into a mixed use riverside development to include a 20-bedroom hotel, 28 apartments, coffee shops, business units and parking facilities for up to 100 cars. 

On the disposal, Mike Brassington, Director in Development Advisory at Colliers, said: “I am pleased to have been able to complete on the disposal of this high profile development opportunity. 

“The buyers have demonstrated through their well-considered plans for the site that they are in-touch with what residents want and need from this important development land, which links the town centre to the riverfront and on to the Mill Island public park. I am excited to see how the area is transformed as the plans are delivered.”

Located to the west of Nantwich town centre, the 1.73 acre development site is accessed via St Anne’s Lane and is situated adjacent to the River Weaver. The site is currently undergoing ground remediation works by specialists Vertase FLI in conjunction with Wardell Armstrong, who carried out the ground condition report. 

Colliers advised Cheshire East Council.


Related Experts

Mike Brassington

Director, Residential, City & Suburban Development

Development Advisory

Manchester

Mike joined Colliers International in 2006 to provide advice on a wide range of mixed use development projects, primarily in the North West of England. Mike is a Chartered Surveyor with over 30 years of property experience.

Mike has the benefit of over 10 years' client side experience having been employed as Land Manager for both regional and national house builders where he gained experience in large scale site appraisals and acquisitions. Mike has also been a Director of a registered NHBC house builder focusing on private new build residential developments.

A significant proportion of Mike's work at Colliers International is focused around advising clients on the valuation, appraisal and disposal of various mixed use development opportunities. Mike's client side experience means that he is well placed to provide consultancy advice from a developer perspective, particularly when negotiating the disposal or acquisition of opportunities.

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Suzy Simpson

Head of Content, Communications and PR

PR

London - West End

As Head of Content, Communications & PR for Colliers in the UK, I am responsible for driving the strategic direction of corporate communications, media relations, and the programming and production of multi-channel content to engage external and internal audiences across the UK.

Get in touch for help with: 

  • Content Communication Strategy 
  • Media Relations
  • Corporate & Internal Communications
  • Media Training & Personal Brand Training

 

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