Saturday, 12 September 2020

Rockbeare site up for sale

It wasn’t many years ago that Aggregate Industries was saying the derelict concrete products plant at Rockbeare was being set aside as an alternative location to process any material from nearby Straitgate. In fact, Straitgate was included in the Devon Minerals Plan on the basis that processing could be carried out at Rockbeare.

It is this Company’s view that there is an inextricable link between Straitgate Farm and the Rockbeare Minerals Working Area...
And that furthermore:
Working the reserve at Straitgate Farm initially and possibly wholly through our existing mineral site at Rockbeare we believe is both efficient and has environmental benefits.
That’s all in the past now. In 2016, Waycon Precast Ltd took over the site, having secured a bridging loan. One director remarked:
The company now has a really bright future and, importantly, jobs have been secured.
Last year, Waycon Precast Ltd went into administration, with a long list of creditors, including Aggregate Industries owed £75k. The business was subsequently acquired on a pre-pack basis by Waycon CP Ltd.

The site is now up for rent and sale:
Offers sought in excess of £2,750,000 for the long leasehold interest in the property subject to contract and exclusive of VAT.
Currently, the site is:
Let to an established tenant until 31st December 2020 at £240,000 pa.