27 June 2024

Roundhouse completes first phase of latest £10m Momentum site in Blackburn

Roundhouse has completed the first phase of its latest Momentum site in Blackburn and has only two available to purchase or let. 

Phase one saw 14 units being built, of which ten were 1,000 sq ft and four were 850 sq ft. When the site has been completed, it will see 68 new commercial units providing 24,000 sq ft of commercial space on a 1.56-hectare site.

The site lies adjacent to Guide Reservoir and opposite Shadsworth Business Park. It will be accessed off Haslingden Road close to Junction 5 of the M65 and includes provision for 193 parking spaces, motorcycle parking and cycle storage.

The Shadsworth site will be the fourth Momentum project and follows previous developments in Preston and Buckshaw Village, near Chorley. 

Managing director of Roundhouse Properties, Jeremy Lefton, said: “Despite the economic uncertainty over the past year, we have seen a healthy demand for units at our Blackburn site, and we’re now focussing on starting phase two that will see 20 units constructed by the end of May 2025.

“With the UK economy looking like it’s back on track, we expect that demand for phase two to be better than phase one, and once we have most of those units tenanted or sold, we’ll then look to develop the final phase of the site by 2026.

“We developed the Momentum concept to provide growing businesses with affordable and flexible space, and it’s an idea that has gone down very well with SMEs across the region.”

Danny Pinkus at Pinkus & Co. and Neil Weaver of Taylor Weaver are joint agents for the scheme.

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