Sale completed of Bradford regeneration site, creating 185 new jobs
A site earmarked for a new retail and leisure regeneration scheme in Bradford has been sold.
Acting on behalf of MPS, the UK development team at CBRE sold the Scott Works site on Hollingwood Lane, Lidget Green, to Quora Bradford Ltd for an undisclosed sum.
The six-acre site was formerly occupied by MPS (Field Packaging) and prior to that the Scotts Motorcycle company which built the site at the start of the 20th century.
185 new jobs are set to be created once the site is transformed into a new retail and leisure regeneration development.
Supermarket chains Aldi and Home Bargains are among stores proposed for the site along with a number of smaller retail units, including a Marsden’s family pub, restaurant and drive-thru restaurant.
Jessica Haigh, senior surveyor on CBRE’s Development and Residential Capital Markets team, commented: “We are delighted to confirm the sale of Scott Works site to Quora Bradford Limited.
“The planned regeneration scheme promises to bring significant improvements to the area as well as create 185 new jobs.
“The addition of popular discount supermarket chains such as Aldi and Home Bargains will satisfy the growing need for competition and choice within the area.”