The sale of three further plots of land at Grafton Street, Hyde, is proposed to support a Drive thru redevelopment project that will bring new jobs and investment to Tameside.
Following the decision in October 2023 to sell land on Grafton St, Tameside Council’s Executive Cabinet are being asked for approval for the disposal of three further plots at the site to enable a revised scheme for a drive-thru development.
The sale of the additional land, which is currently part of the adopted highway, will allow for improvements to the site layout, increased parking, and enhance the site’s development potential.
Tameside Council Executive Member for Finance and Resources Cllr Hugh Roderick said: “This strategic land disposal supports our commitment to economic growth and regeneration in Hyde. It involves selling small plots of unused brownfield land that alone don’t hold much potential nor value but put together they will help deliver a high-quality development and create jobs, as well as generating valuable income to support investment in infrastructure and facilities in the borough.”
The purchaser, a fast-food restaurant and takeaway provider, is considered a special purchaser, meaning the land will not be advertised on the open market. The sale will be underpinned by an independent RICS Red Book valuation, ensuring best value for the taxpayer and full compliance with legal requirements.
The capital receipt from the sale will contribute to the Council’s 2025–2027 Capital Programme, which includes over £12 million in approved and earmarked schemes.
The Council moving forward will then look to work with the purchaser on a revised planning application, incorporating the newly acquired land and road closures needed to facilitate the development.