Council hails Manchester retail property purchase

Thu, 27 Jul 2017 | COMMERCIAL PROPERTY

A property firm in Manchester has laid out its vision for its new 'exciting' purchase.

The acquisition of Henblas Square, which houses several retail spaces in Manchester town centre, is the latest addition to the company's expanding portfolio.

“As a business, we have a proven track record of reinvigorating distressed assets and working in conjunction with Wrexham Council, we are confident we can provide a mixed-use offering to the area in keeping with the overall Town Centre Masterplan,” said a spokesperson for MCR Property.

The site was home to BHS before it closed in August last year after the retailer entered administration. A Post Office branch, toy seller The Entertainer and an Evans clothing outlet were also situated there.

Wrexham Council’s housing and economy department have been working with MCR to look at possible tenants for the town centre space.

A council spokesman said: “Further conversations will be held to discuss the opportunities that this site holds in terms of delivering regeneration in a key part of town.”

Cllr Terry Evans, Wrexham Council’s lead member for economic development and regeneration, welcomed the deal: “We’re very pleased that MCR has decided to put their faith in Wrexham town centre and invest in the heart of the town.”

Find commercial property for sale.
You can subscribe here.


Share this article



Latest Businesses for Sale

Pharmacy
Cambridgeshire, UK Wide

Long established community pharmacy. First time on the market in 30 years. Now occupying exemplary new purpose built accommodation. Standard hours. Offers invited.

Asking Price: Offers Invited
Turnover: £885,000

LEASEHOLD


Creative Consultancy & Interior Design Solutions
UK Wide

Works closely with clients to produce interior design solutions for educational institutions, which could be marketed to more sectors.Additionally offers an array of creative media, including videos,presentations, websites, branding and full direct m...

Asking Price: Offers Invited
Turnover: £873,000

RELOCATABLE


Health Centre Pharmacy
Devon, UK Wide

Unopposed health centre pharmacy. Semi-rural location. In receipt of Pharmacy Access Scheme payments. Offers invited.

Asking Price: Offers Invited
Turnover: £845,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jan
 

Hawkin’s Bazaar enters administration | ADMINISTRATION

Norwich-based novelty toy retailer Hawkin’s Bazaar has...

 
23
 
Jan
 

MBO at Bristol-based media training firm | MBO/MBI

Mentor Media Training has been acquired by lead consultant D...

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
09
 
Mar
 

Hull business hub put up for sale | COMMERCIAL PROPERTY

A large commercial property in the centre of Hull has been p...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources