Nolan Redshaw secures buyer for Radcliffe site ravaged in 2012 blaze
Commercial property agent Nolan Redshaw has secured a buyer for a prominent piece of land in Radcliffe, Greater Manchester, that was once the site of a factory fire.
The firm sold the 0.65-acre site, located on Bury Road, to an investor for an undisclosed sum.
The site previously formed part of the Wilton House factory, but the facility was subject to a fire in 2012 when a broken gas pipe caused a small explosion, according to The Independent.
Paul Nolan, a director at Bury-based Nolan Redshaw said that a number of investors expressed an interest in acquiring the land.
He explained: “There was a great deal of interest in the site straightaway and the site has the potential for a number of different development scenarios.
“It is understood that the site will be sold for a figure slightly in excess of the asking price.”
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.
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
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