Business
Further Developments at Blindwells
Further Developments at Blindwells.
About this update from Hargreaves Services Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3147U\n Hargreaves Services PLC\n 06 April 2021\n \n \n \n \n \n \n \n Hargreaves Services plc \n \n \n (\"Hargreaves\" or the \"Group\")\n \n \n \n \n \n Further Developments at Blindwells\n \n \n Sale of 2.9 acres to Cruden Homes \n \n \n \n \n \n \n Hargreaves Services plc \n \n (AIM: HSP), a diversified group delivering services to the industrial and property sectors, announces the completion of the sale of a further phase of land at Blindwells, its major 1,600 unit residential development site near Edinburgh.\n \n \n \n \n \n Following the completion of the first sale of land at Blindwells to Bellway in \n \n January\n \n and the \n \n subsequent announcement\n \n of the conditional sale to Persimmon of another 12.9 acre parcel, Hargreaves Land has now completed the sale of 2.9 acres to Cruden Homes. This phase provides 60 affordable homes.\n \n \n \n \n \n The initial sale consideration of this phase is c.£0.5m, payable on completion, with some potential deferred consideration following final agreement of abnormal costs. \n \n \n \n \n \n \n Note: Blindwells is a major development site of around 150 acres owned by Hargreaves. Located less than 15 miles east of Edinburgh, enabling infrastructure is being carried out progressively by Hargreaves Land to enable the phased sale of residential parcels at Blindwells. The site has outline planning permission for 1,600 homes. Further information is available at \n \n www.blindwells.co.uk\n \n .\n \n \n \n \n \n \n \n For further details:\n \n \n \n \n \n \n \n \n \n \n Hargreaves Services\n \n \n Gordon Banham, Chief Executive Officer\n \n \n John Samuel, Group Finance Director\n \n \n \n \n \n \n \n www.hsgplc.co.uk\n \n \n Tel: 0191 373 4485\n \n \n \n \n \n \n Walbrook PR (Financial PR & IR)\n \n \n Paul McManus / Lianne Cawthorne\n \n \n \n \n \n \n \n \n Tel: 020 7933 8780 or \n [email protected]\n \n Mob: 07980 541 893 / 07584 391 303\n \n \n \n \n \n \n \n \n \n N+1 Singer (Nomad and Joint Corporate Broker)\n \n \n Sandy Fraser/Justin McKeegan/Rachel Hayes\n \n \n \n \n \n \n \n Tel: 020 7496 3000\n \n \n \n \n \n \n Investec (Joint Corporate Broker)\n \n \n Sara Hale/David Anderson/Shalin Bhamra\n \n \n \n \n Tel: 020 7597 5970\n \n \n \n \n...