Conygar Investment Company PLC(The) Cross Hands Planning Application (8528V)
April 21 2016 - 2:00AM
UK Regulatory
TIDMCIC
RNS Number : 8528V
Conygar Investment Company PLC(The)
21 April 2016
21 April 2016
THE CONYGAR INVESTMENT COMPANY PLC
PLANNING APPLICATION SUBMITTED TO CARMARTHENSHIRE COUNCIL FOR
CROSS HANDS DEVELOPMENT SITE
The Conygar Investment Company PLC ("Conygar") announces that it
has submitted a planning application to Carmarthenshire Council for
its 9.96 acre development site in Cross Hands, South West
Wales.
The fully serviced site was acquired from Sainsbury's in October
2015 with consent for a 90,000 sq ft store.
The application is for a 106,000 sq ft retail development which,
with a 562 space car park, would include the following:
-- A family pub/restaurant
-- A high end food store
-- A stand-alone discount food store
-- A frozen food specialist
-- A drive-through restaurant
-- Other retail stores
The proposed development will create the equivalent of 260 full
time jobs and over 100 during the construction phase, which Conygar
wish to be sourced locally.
If consent is received this summer, construction should commence
later in the year and will be funded from Conygar's existing cash
resources.
Robert Ware, CEO said: "The proposed development will offer
attractive new retail outlets, which will not only support and
enhance Cross Hands town centre, but offer significant regeneration
benefits in the locality".
Enquiries:
The Conygar Investment Company PLC
Robert Ware / Ross McCaskill: 020 7258 8670
Liberum Capital Limited (Nominated Adviser and Broker)
Richard Bootle: 020 3100 2222
Temple Bar Advisory (Public Relations)
Alex Child-Villiers: 07795 425580
This information is provided by RNS
The company news service from the London Stock Exchange
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