Huge food production site to be sold off following occupier’s collapse
A six-acre food production site in Corby, Northamptonshire has been put on the market for £4.95m following the collapse of previous occupier Orchard House Foods earlier this year.
Orchard House supplied prepared fruit, fresh fruit drinks and chilled desserts to retailers across the UK and Ireland, including Marks & Spencer, Sainsbury’s, Greggs and Pret a Manger. It slumped into administration in January after posting losses of £7.66m for the year to June 2022.
The 94,000 sq ft site at Earlstree Industrial Estate is being marketed by Landwood Group on behalf of administrators Grant Thornton. It includes three factories, a warehouse, offices, 38 car parking spaces and a wastewater treatment plant.
Orchard House employed 607 people at the facility, according to documents seen by TheBusinessDesk.com.
Helen Jude, director of Landwood Group, said: “This huge site is in a prominent position on an industrial estate with excellent access and transport links.
“The site offers real potential for a number of different uses, from its current purposes as a high-quality food production facility, to warehouse and distribution or for redevelopment.
“The potential to split the site and reconfigure it are also an important part of why the site is attracting so much attention.”
Orchard House was sold to private equity firm Elaghmore in a £25m deal two years before its downfall. The company owed £56.8m to creditors when administrators were appointed in January.