Altered Space has completed the sale of Cockhedge Shopping Centre in Warrington to Sheet Anchor Evolve for an undisclosed price.
The Cockhedge scheme, which was originally developed in the late 1980s and early 1990s, has been owned and managed by Altered Space since 2019.
Altered Space still owns a standalone 10,000 sq ft unit at the retail park, where it previously secured full planning permission for a new GP hub. The aim is to deliver the healthcare facility during 2026–27.
Michael Brown, co-founder of Altered Space, said: “Cockhedge presented a classic town centre challenge, with an over provision of legacy retail space that no longer aligned with modern demand. Our strategy was to reshape the scheme into a more sustainable and relevant commercial offer while simultaneously unlocking the long-term redevelopment potential of the wider site.
“The successful sale of the commercial element reflects the value created through that repositioning, and we’re pleased to see the asset move into its next phase under new ownership. Looking ahead, Altered Space remains committed to the ongoing regeneration of the wider Cockhedge site, with ambitious plans to further enhance its mixed-use offerings and community focused spaces.”
