UK: Leeds-based developer Priestley is planning an aparthotel in a former post office at Palmyra Square, one of two schemes it is proposing for Warrington town centre.
The £1.8 million project will see the upper floors of the building converted into 21 units, while commercial space on the ground floor will be retained.
The developer has also submitted plans for a £3.5 million residential scheme on Museum Street, featuring 27 apartments.
Priestley’s construction business will act as main contractor on both projects, subject to them receiving planning permission. Both applications are being brought forward in partnership with property firm Immedi-Let.
Nathan Priestley, chief executive officer of the Priestley Group, said: “Warrington is a prime area for property investment thanks to its convenient location and buoyant property market. The town is subject to major regeneration plans and is fast becoming one of the North West’s most desirable places to live, work and visit. Our plans ensure that the external aesthetics remain the same, with new features complementing the existing properties. We are committed to supporting the council’s Local Plan, while still meeting demand for residential accommodation.”
Danny Inman, director of Immedi-let, added: “Warrington town centre is ripe with development opportunities, without needing to sacrifice greenbelt land. Renovating existing buildings is an ideal way to improve the quantity and quality of residential homes in the area, positioning Warrington as a desirable alternative to larger, surrounding cities. Priestley Homes has a strong record of breathing new life into old buildings and this expertise will assist us in creating over 150 new homes over the next three years, supporting Warrington Council’s intentions to improve residential accommodation throughout the town.”</p
