A FORMER business centre site in Wrexham has been sold and will soon be the subject of a proposed investment of £5m by property investors.

Legat Owen has now 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.

They are planning to clear the 1.56 hectare (3.87 acres) site for re-development and a proposed investment over £5,000,000.

TOP STORIES TODAY

Director Mark Diaper in the Business Space Team at Legat Owen said: “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 re-development.”

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.