Developer Chancerygate and specialist sustainable and impact investor Bridges Fund Management have submitted plan to speculatively build 170,000 sq ft of highly sustainable Grade A urban logistics space in Adlington, Cheshire.

Called Avro Business Park, the proposed scheme is located off London Road, south of Poynton town centre, and will adjoin Adlington Business Park & Industrial Estate.

The partners intend to develop a scheme comprising 11 units ranging from 7,000 sq ft to 29,000 sq ft.

The projected gross development value is around £36m.

Neighbouring occupiers to the proposed development include confectionery manufacturer Swizzels, tray sealing and packaging line specialist Proseal, and transport company William Kirk.

All units at Avro Park will be fitted with active and passive electric vehicle charging points and solar cells on their roofs, which will provide occupiers with green energy on an affordable basis. In addition, the accommodation is being constructed from high-performance building materials to reduce CO2 emissions and occupier operation costs.

These features will support the development’s target of achieving a BREEAM rating of Excellent and EPC A+ as well as being Net Zero Carbon for regulated energy.

Chancerygate development director, Chris Brown, who is based in the company’s Warrington office, said: “The location of this site has been transformed by the completion of the new Poynton Relief Road and is now directly connected to the airport and the M56 in under 10 minutes’ drive, whilst also providing excellent connectivity to wider south Manchester and Cheshire markets.

“The site is now accessible to a very diverse range of occupiers and we have already received strong interest to satisfy larger Design and Build requirements from occupiers who are desperate to expand or consolidate their operations in the Cheshire / South Manchester area.

Chancerygate and Bridges have been working in partnership on projects for more than 10 years. Investments include the acquisitions of sites for industrial development in Edinburgh, Leeds and Coventry; the regeneration of Beeston Business Park, Nottingham; and the development of ‘The Curve’, a student housing development in London SE1.

Guy Bowden, Partner at Bridges Fund Management, said: “At Avro Park, we’re aiming to develop a high-quality scheme that will create up to 250 jobs and support the growth of the local economy. As always, we’re focused on achieving the highest possible sustainability standards – not only because it’s better for the planet but also because it makes the units more attractive to the many potential occupiers locally.”

Agents for Avro Business Park are Savills and Williams Sillitoe.