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Harworth Continues Income Churn Strategy with Sale of Bilsthorpe Business Park in Nottinghamshire

The first sale comprised the sale of a 10 acre site, including a Highways Depot let to Nottingham City Council on a long lease, to Waypoint for £2.05m, reflecting a Net Initial Yield of c. 3.0%. The remaining mixed-use, 273 acre site was sold to Insite Group for £2.55m, reflecting a c. 5.5% Net Initial […]

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CRT Property Investments Ltd Becomes First Occupier at Former Kellingley Colliery Redevelopment

CRT Property Investments Ltd has acquired 3.04 acres that forms part of the main entrance to the site, the first phase of development following the site’s closure as a working colliery. It plans to build small industrial units totalling 39,000 sq. ft to support the growth of small and medium sized businesses, given the lack […]

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Harworth Makes Further Residential Sales at Key Yorkshire Developments

Harworth Group plc, a leading regenerator of land and property for development and investment, announces that two parcels of serviced residential land at its Waverley and Flass Lane major developments in Yorkshire have been sold to Avant Homes (“Avant”). The combined disposal price is ahead of the equivalent 31 December 2019 book value. At Waverley in […]

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Harworth Sells Further Plot at Major Mixed-Use Development in Doncaster

Harworth has provided Erindale with a fully serviced ready to build on development plot adjacent to the A630 that connects Riverdale Park to Doncaster town centre. Erindale will construct a c. 2,800 sq. ft unit, which it plans to practically complete in Spring 2021. Knight Frank and Eversheds advised Harworth whilst WSB and Gowling WLG […]

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Harworth Makes Key Residential Sale at East Midlands Development

David Wilson Homes has made its first purchase of Harworth land to build 219 new homes, including 16 affordable homes, as part of Thoresby Vale’s second phase which forms part of the gateway into the wider site. The current proposals include providing a comprehensive range of house-types, from one bed apartments up to four bed […]

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Harworth Continues Sell Down of Non-Core Land Portfolio

Through its Natural Resources team and joint retained agents Savills and Fisher German, the Company has sold 265 acres of land in Northumberland and 48 acres of land in West Yorkshire for a total consideration of £0.946 million. None of these sites had any further development potential for either residential or employment use and their […]

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