News Archive

Wides town centre site sold to Asda

Widnes Regeneration Ltd, the company jointly formed by St Modwen Properties PLC and Halton Borough Council, has completed the sale of a seven acre site in the centre of Widnes to Asda.

The development of an Asda store forms a key part of Widnes Regeneration Ltd’s plans for Widnes town centre, which have taken nearly five years to bring to fruition and has required a planning inquiry together with road closure and compulsory purchase inquiries.

In order to relocate residents and business occupiers, Widnes Regeneration has constructed a substantial residential scheme at Lacey Street and new shop units on Gerrard Street. More than 120 interests have had to be acquired and the project represents one of the North West’s most challenging regeneration schemes.

The store is planned to open in Spring/Summer 2004 and represents an investment of £21 million. Employees are transferring from Halebank and there will be 150 new job opportunities.The store will have parking for 500 cars.

Michelle Taylor, director of Widnes Regeneration, said: “I’m absolutely delighted. This is the culmination of five years planning and delivery, and is the cornerstone of the regeneration strategy for the town. It opens the way for further schemes in the immediate area such as Albert Court and Simms Cross as well as the redevelopment at Halebank which will follow Asda’s relocation.

“The joint company has already succeeded in securing JJB Sports which is currently having a 4,645 sq m (50,000 sq ft) leisure and retail complex built to the north of the town centre. These two developments will significantly re-anchor the retail core.” Coun. Rob Polhill, of Halton Borough Council, commented: “This is excellent news for Widnes and an integral part of the town’s regeneration scheme.”

For further information contact Michelle Taylor on 01925-825950. Issued by Paul Raymer of Howle Chapman Raymer (0121-236-7771).