First phase of £10m Blackburn commercial development completed

By Tim Aldred

26 Jun 2024

Blackburn Momentum Phase 1

The first phase of a new Momentum development in Blackburn is complete and has only two available to purchase or let.

The site lies adjacent to Guide Reservoir and opposite Shadsworth Business Park, accessed off Haslingden Road close to Junction 5 of the M65

It is the fourth project by Momentum following developments in Preston and Buckshaw Village.

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

Jeremy Lefton, managing director of Roundhouse Properties, 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 focusing 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.

Enjoyed this? Read more from Tim Aldred

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