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Developer has snapped up North Wales shopping centre that's hit tough times

Developer has snapped up North Wales shopping centre that's hit tough times
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Development of former Air Products site moves forward after 'multi-million pound sale'

Development of former Air Products site moves forward after ‘multi-million pound sale’
Bearmont Capital (Rhyl) Ltd, part of the Bearmont Group, controlled by business entrepreneur Rob Lloyd and former Channel 4’s Secret Millionaire, say they have completed the multi-million pound sale of a 17.5 acre site located in Acrefair.
Planning permission was granted for over 230 houses to be built at the former Air Products site back in 2018, it followed the closure of the plant around a decade ago, which resulted in approximately 200 staff losing their jobs.
The Llandudno-based Bearmont say they identified the site as ideal for a housing association scheme and approached Clwyd Alyn – who they already had an existing relationship with having previously sold the housing association a site for 52 units in Llangefni. ....

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Former Wrexham Air Products site bought for £3.5m after councillors give more time for housing plans

A FORMER manufacturing site in Wrexham has been sold for £3.5m after councillors gave more time to allow housing plans to move forward. ....

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Place North West | PMJ supports Bearmont with Sense rollout

23 Dec 2020, 12:50
Property lender PMJ Capital has completed the final phase of a £466,000 flexible 12-month funding package to assist developer Bearmont Capital with retail acquisitions across the North West and Wales, and fit-out costs.
Bearmont is working in partnership with disability charity Sense. All the retail outlets will raise funds to support people with complex disabilities.
David Rainford, managing director of PMJ Capital, commented: “We agreed the first deal for a Sense store in Newport earlier in the year, before the Coronavirus pandemic. Retail has been hit hard since then but despite the challenges, we stuck to our commitment and didn’t vary on the terms we had originally agreed.” ....

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