Business
Exchange of Contracts at Malden, Essex
Exchange of Contracts at Malden, Essex.
About this update from Roadside Real Estate Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6809M\n Barkby Group PLC (The)\n 25 January 2021\n \n \n \n \n 25 January 2021\n \n \n The Barkby Group PLC\n \n \n (\"Barkby\" or the \"Company\")\n \n \n Exchange of Contracts at Malden, Essex\n \n \n The Barkby Group PLC, the diversified business group, is pleased to announce that it has exchanged contracts on a property development site in Malden, Essex. The Company is now entering into legal negotiations with four tenants who will enter into pre-let agreements for occupation at completion of the re-development.\n \n \n It is proposed that the Company will develop a 15,400 sq. ft. mixed-use retail and trade scheme at the site. Under the proposed development the site has an estimated gross development value of £6.0 million.\n \n \n This adds to existing proposed schemes at Wellingborough, Huntingdon and Saffron Walden which the Company is currently developing.\n \n \n Charles Dickson, Executive Chairman of The Barkby Group Plc, commented: \n \n \n \"I am delighted to have exchanged contracts for this site in Malden, it adds to our growing pipeline of commercial property developments. The site is well positioned, and it is good to see that we are once again seeing strong demand from both the retail and employment sectors for new, well-located, developments despite the wider economic impact of the pandemic.\"\n \n \n \n Enquiries:\n \n \n \n \n \n \n \n The Barkby Group plc\n \n \n Charles Dickson (Executive Chairman)\n \n \n Douglas Benzie (CFO)\n \n \n \n \n \n \n \n via Camarco\n \n \n \n \n \n \n finnCap Ltd (Nomad and Broker)\n \n \n Carl Holmes/Simon Hicks (corporate finance)\n \n \n Tim Redfern/Richard Chambers (ECM)\n \n \n \n \n \n \n \n +44 (0) 20 7220 0500\n \n \n \n \n \n \n Camarco (Financial PR)\n \n \n Jennifer Renwick/Jake Thomas\n \n \n \n \n +44 (0) 20 3757 4994\n \n \n \n \n \n \n \n \n Notes to editors\n \n \n The 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. \n \n \n In addition to these businesses, Barkby has the right to participate in the upcoming fundraisings...