Legat Owen has completed the sale of Redwither Business Centre and land on Wrexham Industrial Estate on behalf of Wrexham County Borough Council.
Following a competitive tender process, the former business centre offices and land were sold to a local property investor who plans to clear the 1.56 hectare (3.87 acres) site for redevelopment and a proposed investment over £5,000,000.
Director Mark Diaper in the Business Space Team at Legat Owen commented:
“We had strong interest from the outset of marketing from both local occupiers and developers. The site is situated in a prominent position with frontage to Abbey Road and lends itself to a number of uses. It is the purchasers intention to demolish the redundant office building and move forward with a planning application for redevelopment.”
Situated in the heart of Wrexham Industrial Estate, the site enjoys a prominent position beside the iconic landmark, Redwither Tower. Wrexham Industrial Estate is home to over 340 businesses creating employment for over 10,000 people.