Developer Chancerygate snaps up land in Knutsford for 300,000 sq ft scheme

Less than a week after revealing plans for a new Liverpool scheme that will create hundreds of jobs, industrial developer Chancerygate has announced the next move its ongoing acquisition programme.

The London-headquartered firm today (July 13) announced its purchase of a 16-acre development plot in Knutsford, Cheshire.

The site, located at Parkgate Industrial Estate, was acquired from energy sector valve manufacturer Oliver Valves.

Property consultancy Gerald Eve acted for Oliver Valves in the transaction, while Williams Sillitoe advised Chancerygate. Both have been retained as agents for the new development.

Chancerygate’s North West development director, Mike Walker, said: “This is one of the prime locations in South Manchester and Cheshire that we have been targeting and the planned 300,000 sq ft development that we are going to undertake will be of interest to a number of national and local businesses.

“We have already had strong occupier interest.”

He continued: “The first phase of speculative development will provide around 85,000 sq ft of industrial and warehousing space in units of various sizes which will be able to accommodate a wide spectrum of end users.”

The Knutsford project adds to Chancerygate’s current UK development pipeline of around 2.2 million sq ft.