Prime Residential Development Opportunity For Sale In Warrington
08/04/2022
Manchester, 08 April 2022 – The University of Chester has instructed Cushman & Wakefield to launch the sale of the Padgate Campus, Warrington, comprising approximately 33 acres of land.
The site is anticipated to be highly attractive for residential development and is situated in the suburb of Padgate, north-east of Warrington, in an area that continues to grow in popularity. Padgate is an established residential location with excellent transport connections, including the nearby Padgate train station which connects the area to Liverpool and Manchester. The site is within close proximity to Junction 21 of the M6 motorway, and links to the national motorway network. Junction 9 of the M62 motorway is also within a short distance, and Warrington town centre is 3.7 miles away, under 10 minutes by car.
Warrington is experiencing ongoing public and private sector investment to enhance the town’s profile, including the recent successful bids for £22million in government funding to deliver seven projects as part of Warrington’s Town Deal programme.
In January 2021 the University announced its plans to relocate teaching to buildings based in the centre of Warrington and to cease operations at the site. The marketing for the site begins this week, with the vendor seeking offers for the site by the end of May 2022.
The site provides an opportunity to deliver a high quality new residential community of scale in a sought after location in Warrington where only a small number of new build schemes have been brought forward in recent years. The University will expect the appointed developer to deliver a scheme which meets high standards of design and environmental sustainability, and to ensure a positive long-term legacy.
Hannah Gradwell, Associate at Cushman & Wakefield, said: “We are delighted to bring the Padgate Campus site to market on behalf of the University of Chester, and anticipate strong interest in this substantial and extremely well-located development site. It offers fantastic potential to deliver a high-quality development which will make a key contribution towards meeting local housing need but also deliver a lasting legacy through enhanced placemaking, design and sustainability credentials.”
The site is anticipated to be highly attractive for residential development and is situated in the suburb of Padgate, north-east of Warrington, in an area that continues to grow in popularity. Padgate is an established residential location with excellent transport connections, including the nearby Padgate train station which connects the area to Liverpool and Manchester. The site is within close proximity to Junction 21 of the M6 motorway, and links to the national motorway network. Junction 9 of the M62 motorway is also within a short distance, and Warrington town centre is 3.7 miles away, under 10 minutes by car.
Warrington is experiencing ongoing public and private sector investment to enhance the town’s profile, including the recent successful bids for £22million in government funding to deliver seven projects as part of Warrington’s Town Deal programme.
In January 2021 the University announced its plans to relocate teaching to buildings based in the centre of Warrington and to cease operations at the site. The marketing for the site begins this week, with the vendor seeking offers for the site by the end of May 2022.
The site provides an opportunity to deliver a high quality new residential community of scale in a sought after location in Warrington where only a small number of new build schemes have been brought forward in recent years. The University will expect the appointed developer to deliver a scheme which meets high standards of design and environmental sustainability, and to ensure a positive long-term legacy.
Hannah Gradwell, Associate at Cushman & Wakefield, said: “We are delighted to bring the Padgate Campus site to market on behalf of the University of Chester, and anticipate strong interest in this substantial and extremely well-located development site. It offers fantastic potential to deliver a high-quality development which will make a key contribution towards meeting local housing need but also deliver a lasting legacy through enhanced placemaking, design and sustainability credentials.”
What's new
Cushman & Wakefield Announces New UK Head of Sustainability
Cushman & Wakefield has announced Megan Such as Head of Sustainability for the UK.
06/11/2024
Cushman & Wakefield to Acquire Its Affiliate In Finland
Global real estate services firm Cushman & Wakefield has entered into a definitive agreement to acquire its affiliate in Finland. The deal is expected to complete in January 2025 and is subject to customary closing conditions.
Richard Coleman • 06/11/2024
Cushman & Wakefield Appoints New Head of Central London Development
Cushman & Wakefield has appointed Henry Fellows as its new Head of Central London Development.
Lauren Joselyn • 06/11/2024
Insights
Research
UK Self Storage Annual Report 2024
The Self Storage Association UK Annual Industry Report provides a comprehensive overview into the self storage sector.
Philip Macauley • 16/04/2024
Insights • Sustainability / ESG
Sustainability and ESG is now front of mind for landlords and occupiers; we review the latest in sustainability real estate trends.
Thomas Vazakas • 14/06/2022
Research
Residential Development Land Report
The London residential land market has seen mixed success in recent times, whilst the South East is seeing record land values being achieved.