Derelict Oldham mill to become £11m residential scheme

7th July 2015

Plans to demolish a derelict mill and replace it with 80 homes have been announced.

Durban Mill, which used to be Findel’s base, sits on a 4.6 acre plot in Hollinwood, Oldham.

Local developer Grasscroft Property has bought the mill and plan to build up to 80 two, three and four bedroom homes.

Michael Coulter, director at Grasscroft Property, said demolition is set to start in September – making way for the £11m residential scheme.

“We spotted a great opportunity with Durban Mill and are looking forward to developing what has become a bit of an eyesore into much-needed quality family homes for Oldham,” he said.

“We have a great portfolio of residential and commercial developments in the local and wider area and expect to have spades in the ground by next summer.”

Grasscroft purchased the mill on an unconditional basis from London & Scottish Investments.

Plans for the site are currently being developed with planning permission to be applied for in early 2016.

Grasscroft is also underway with residential and commercial developments at Foxdenton, Chadderton, with infrastructure works due to start in the next six months.

The £100m redeveloped site will deliver 500 new homes, a community park and 700,000 sq ft of commercial property space.

The business also recently secured planning for up to 59 homes at Haven lane, Moorside, Oldham. The five acre site has recently been sold to Redrow Homes, which has started on site with a high quality residential development.

For further news and press releases contact:

Justine McGuinn
0161 839 9538 / 07903 661 228
justine@justprm.co.uk

Bradley Agnew
0161 839 9538 / 07480 129 758
bradley@justprm.co.uk

CONTACT

T: 0161 622 0666

E: land@grasscroftproperty.com

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