Planning Consent Granted

RNS Number : 3744A

Conygar Investment Company PLC(The)

19 February 2014

 

For immediate release

19 February 2014

THE CONYGAR INVESTMENT COMPANY PLC

PLANNING CONSENT GRANTED AT HOLYHEAD WATERFRONT DEVELOPMENT

The Conygar Investment Company PLC ("Conygar"), the property investment and development group, announces that following the completion of the Section 106 planning agreement, the planning consent for the Holyhead Waterfront development has been issued by Isle of Anglesey County Council.

The proposed development, which is a joint venture with Stena Line Ports Limited, consists of the following elements:

·    a 500 berth marina;

·    252 waterfront apartments;

·    74 houses;

·    an 80 bed hotel;

·    8 waterfront commercial/leisure units (total 4,040 square metres);

·    a sail training/youth centre;

·    a maritime museum;

·    parking and winter boat storage;

·    associated landscaping and green space.

 Robert Ware, Chief Executive of Conygar commented:

"We are pleased to secure the planning consent and believe that the continued improvement in the housing market will very much benefit our development which in turn will create much needed employment opportunities and attract new businesses to the area both during construction and thereafter."

Enquiries:

The Conygar Investment Company PLC

Robert Ware/Peter Batchelor: 020 7258 8670

Liberum Capital Limited (Nominated Adviser and Broker)

Chris Bowman/Richard Bootle: 020 3100 2222

Temple Bar Advisory (Public Relations)

Alex Child-Villiers: 07795 425580

 

END

 

 

STRLLFIDFDITLIS