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17 August 2010

Agecroft Commerce Park in Salford nears completion

Agecroft Commerce Park, Salford is nearing completion with the release of the final four development plots on site.

Global real estate adviser DTZ is the sole agent on Agecroft Commerce Park, which has established itself as one of the leading industrial parks in the region. The park continues to attract occupiers of the highest calibre including Nimans, Securicor and Bunzl Plc and most recently PZ Cussons, following the recent completion of their £26m innovation centre. 

Situated on the site of the former Agecroft Colliery, Agecroft Commerce Park was reclaimed by the NWDA in association with the Homes and Communities Agencies (HCA) through the National Coalfields Programme. Following an extensive regeneration programme the Agecroft project is now reaching its final stages and it is expected that deals could be completed on the remaining four plots by autumn. Agecroft is one of the few opportunities in the Greater Manchester area to purchase “oven ready sites” which are available for development. The recently released sites range in size from 1.43 acres up to 4.13 acres, potentially accommodating single units from approx 25,000 to 100,000 sq ft.

Tony O’Keefe, Industrial Director, DTZ said: “This scheme has been a phenomenal success over the course of recent years and is testament to the work of the NWDA and the Homes and Communities Agency through the Coalfield Programme in acting as a catalyst for regeneration.

“On completion, the project will ultimately deliver a total of 83,000 sq m of accommodation, securing 1,100 jobs, leaving a thriving industrial estate and a platform for future prosperity and continued employment growth.”

Paul Lakin, Director of Land and Property at the NWDA said: “The redevelopment of Agecroft Colliery has been a real success of the National Coalfield Programme, bringing new high quality businesses into Salford. The release of new plots will further establish the business park which will boost the jobs market in Salford now and for future generations. Its location, first class facilities and access to a large potential workforce makes Agecroft an attractive prospect for business and I'm pleased to see that it is creating such positive effects in the Salford community.”

Deborah McLaughlin, Director for the HCA in the North West said: “The competition of Agecroft is great news. Through working closely with local partners, our investment has helped develop the former colliery into a superb business site for the North West that is having a marked effect on the local economy and is providing a wealth of job opportunities.”

-ends-


For further information contact:
 
Tony O’Keefe
Industrial Director, DTZ
Email: Tony.O'Keefe@dtz.com
Tel: +44 (0) 161 455 3715 

Caroline Walkden
Marketing and Communications Executive
Email: caroline.walkden@dtz.com
Tel: + 44 (0)161 235 7655

Note to Editors

DTZ is a leading global real estate adviser with a team of over 10,000 people operating under the DTZ brand across 148 cities in 43 countries providing solutions for clients around the world. Its client-focused activities range from high quality capital market solutions, to cutting-edge occupier-led property services and advice. The comprehensive service offering across Europe, Middle East & Africa (EMEA), Asia Pacific and The Americas is based upon detailed local knowledge backed by first-class research. With its full-service expertise spanning all real estate sectors, DTZ offers a global solution to meet each client’s particular property-related investment and business needs. The parent company, DTZ Holdings plc, has been quoted on the London Stock Exchange since 1987. www.dtz.com

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