Planning Consent Granted for 'Boardwalk' Scheme

RNS Number : 8688E

Sutton Harbour Holdings PLC

13 February 2015

 

13 February 2015

SUTTON HARBOUR HOLDINGS PLC ("the Company")

Planning Consent granted for 'Boardwalk' development at Sutton Harbour, Plymouth

The Company reports that planning consent has been granted for the 'Boardwalk' scheme in the Vauxhall Quay area of Sutton Harbour, Plymouth, an important early milestone in the 'Vision for Sutton Harbour' initiative to establish Sutton Harbour, Plymouth as a recognised visitor destination of regional importance and national significance.

The scheme comprises a total 7,807 sq ft (725 m²) of lettable space in two larger units for quality family and visitor-orientated restaurant use and one smaller pavilion unit. The structure, built on piles over the water with views towards the historic Barbican area of Sutton Harbour, will incorporate a boardwalk pedestrian access which will greatly improve connectivity from the western to the northern side of the harbour.

The Company already has strong interest in units from well-known operators and pre-letting of the units will be targeted to secure development financing.

Sutton Harbour Holdings plc Jason Schofield - Chief Executive Natasha Gadsdon - Finance Director	01752 204186
Arden Partners Richard Day James Felix	020 7614 5917
Yellow Jersey Philip Ranger	07768 534641

Notes to Editors

Sutton Harbour Holdings plc (SUH) is an AIM listed company specialising in marine operations, waterfront regeneration and destination creation in Plymouth and South West England.

The Company operates Sutton Harbour Marina, King Point Marina and Plymouth Fisheries. Operational activities include mixed use lettings, car parking and support services to harbour users, property management and regeneration and asset enhancement.

Sutton Harbour Holdings plc is committed to being the leading marine and waterfront regeneration specialist in Southern England, and to positioning Sutton Harbour in Plymouth as a destination of national interest.

 

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