Review of the week
THE 22 pitch Roecliffe residential park in North Yorkshire has been sold for £1.5m to a private investor.
Previous owner Crown Park, a residential park home estate company based in Scotland, sold the property through Humberts Leisure with legal support from Leeds-based Blacks Solicitors.
A spokesman for Crown Park said: “We have a few special sites across the UK which we generally prefer to keep, Roecliffe being one of them.
“But Peter Smith, the consultant from Humberts Leisure who managed the deal, received a great offer which we couldn’t refuse, and Nick Dyson at Blacks sorted out the legals efficiently and we are pleased to have got the job done.”
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SKELWITH Group will regenerate a Bradford city centre site and create 500 residential apartments.
Skelwith will work with Bradford Trident Trading at the Aspire CityGate development which will deliver 224 apartments. Starting in early 2011, completion is expected by the end of 2013. The apartments will cost from £50,000.
Paul Ellis, managing director of the Skelwith Group, said: “We believe that even in the current financial climate, comfortable well designed apartments can be delivered in the heart of Bradford, most importantly we feel this can be delivered at the right price to be successful.
“Not only that, we feel the development adds to what is already a vibrant and exciting city and is paving the way for further developments in and around the centre of Bradford.”
Vipin Joshi, vice chairman and director of Bradford Trident Trading, said: “The redevelopment and regeneration on Manchester Road is long overdue and Aspire CityGate is a prime example of how, even in these difficult financial times, we are driving projects through.
“The capital receipts from this development form part of the succession strategy of our charity Bradford Trident in continuing to deliver neighbourhood management in the Bradford Trident community council area.”
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PROPERTY and infrastructure consultants Capita Symonds has opened a new office in York.
The operation will initially employ 12 people at Tower Court, in Oakdale Road, and plans are in place to expand the office to 30 staff with a turnover of £3.5m over the next 15 months.
Ian Roberts, director at Capita Symonds, said: “As we are successfully bucking the national downturn trend thanks to contracts on major projects such as Crossrail, we’re implementing ambitious plans to expand our operations across the country.
“As part of this strategy we will be establishing a strong presence in York which will enable us to further develop our business across the Yorkshire and Humberside region.”
