Princes Manchester juice factory has £3.8m price tag
The company confirmed plans to close down production at the Newton Heath location in October 2018. Now Shrewsbury-based firm Halls Commercial says the canned food business has put a price tag of £3.8m on the sale of the entire facility.
However, the site actually consists of two separate units and the agents say they are also considering offering these as separate sales, for £1.6m and £2.2m.
“The two sites are currently linked by tunnel under a railway line and offer a variety of potential office, warehouse and workshop space,” said James Hall, head of commercial at Halls Commercial.
'Attractive commercial premises'
“Princes has operated the site as a juice plant but is transferring this production to its base in Cardiff leaving behind what are some extremely attractive commercial premises which would suit a variety of options and businesses.”
Princes announced plans to close the Newton Heath factory in 2020 at the same time as revealing it aimed to shut its Chichester plant, affecting 200 jobs, in the same year.
The decisions were made as part of a drive to modernise the business, which also entails investing £60m in its Cardiff facility.
Princes is also investing in the redevelopment of its Long Sutton site in Lincolnshire.
The company, which makes brands including Crosse & Blackwell, Jucee, Napolina and Aqua Pura, announced a strategic review at the start of 2018.
