Business
Exchange of Contracts at Huntingdon
Exchange of Contracts at Huntingdon.
About this update from Roadside Real Estate Plc
[{"type":"text","content":"\n \nRNS Number : 1393A Barkby Group PLC (The) 17 January 2020 \n\n17 January 2020\nThe Barkby Group PLC\n(\"Barkby\" or the \"Company\")\nExchange of Contracts at Huntingdon, Cambridgeshire\nThe Barkby Group PLC, the diversified business group, is pleased to announce the site in Huntingdon, Cambridgeshire referred to in the Company's AIM Admission Document dated 19 December 2020 has progressed from being in legal negotiations to having exchanged contracts.\nIt is proposed that the Company will develop a 43,410 sq. ft. mixed-use development trade and retail scheme, with a national builders merchant anchoring the site. Under the proposed development the Huntingdon site has an estimated gross development value of £10.7 million.\nCharles Dickson, Executive Chairman of The Barkby Group Plc, commented: \n\"I am delighted to have exchanged contracts for this site in Huntingdon. The site is well positioned to benefit from the development and economic growth of the Oxford Cambridge Corridor. We are seeing strong demand from both the retail and employment sectors and pre-lets will be secured before work starts on site.\"\nEnquiries: \n\n\n\n\nThe Barkby Group plc\nCharles Dickson (Executive Chairman)\n \n\n\nvia Camarco\n\n\n\n\nfinnCap Ltd (Nomad and Broker)\nCarl Holmes/Simon Hicks (corporate finance)\nTim Redfern/Richard Chambers (ECM)\n \n\n\n+44 (0) 20 7220 0500\n\n\n\n\nCamarco (Financial PR)\nJennifer Renwick/Jane Glover\n\n\n+44 (0) 20 3757 4994\n\n\n\n\n \nNotes to editors\nThe Barkby Group PLC is a diversified group of high growth, high quality businesses run by an entrepreneurial and experienced management team. The existing wholly owned businesses within Barkby include; Commercial Property Development, Barkby Hospitality (comprising Barkby Pubs and Workshop Coffee) and Centurian Automotive. \nIn addition to these businesses, Barkby has the right to participate in the upcoming fundraisings for two disruptive high growth private companies: Transcend Packaging, a sustainable and innovative paper packaging manufacturer aiming to eliminate single use plastic, and VivoPlex, a digital health company aiming to transform fertility treatment with precision medicine. \nBarkby's strategy is to accelerate and maximise opportunities within its existing businesses as well as continue to source and invest ...