Rochdale Exchange Shopping Centre has been bought
Date published: 11 December 2023
Rochdale Exchange Shopping Centre
The Rochdale Exchange Shopping Centre has been bought by the Blackburn-based Adhan Group.
According to Place North West, the group, which also owns other shopping centres across the North West, bought Rochdale’s oldest shopping centre for more than the £2.5m asking price earlier this week.
The shopping centre, which opened in 1978, was set to be auctioned off on 12 December by Allsop on behalf of the Martin Property Group, which bought the centre in August 2022.
The Rochdale Exchange spans almost six-acres and generates gross rent of £1.8m a year.
In the auction listing prior to sale, Allsop said the former market site in the Exchange was “under offer as a site sale to a global fast-food chain for a drive-thru restaurant.”
The Adhan Group has been contacted for comment.
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1Burst water main causes travel disruption in Castleton
- 2Roadworks, temporary road closures and restrictions
- 3Former council office block set to be transformed into flats
- 4Whitworth High boxer and footballer is runner-up in Rochdale Active Awards
- 5Radio star Gemma Atkinson supports Bleakholt Animal Sanctuary’s Shoebox Appeal
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.
