LIVERPOOL law firm Brabners Chaffe Street has advised Seddon Developments on the purchase of Plot 3,000, a 4.12-acre development site at Matrix Park, Chorley, for an undisclosed sum.
Seddon has acquired the former BAE site from Harrow Estates, part of the Redrow Group. The firm intends to apply for consent for a 75,000 sq ft commercial development.
Matthew Dobson, of Brabners, who advised on the deal, said: “Despite the tough market conditions, Seddon Developments continues to show an appetite for development sites, spurred on by the success of their scheme at Axis Point, Heywood.
“It is continuing to buck the trend, and we understand it intends to carry out some speculative development on site in early 2012.”
Daniel Burn, of Jones Lang LaSalle, advised Harrow Estates.
