From coal power station to logistics site
St Francis Group, a UK-based property development and investment group, has purchased the former Eggborough power station in Yorkshire (UK) for an undisclosed sum. Built between 1962 and 1970 the coal fired power station closed in 2018 and has been sold by the company Eggborough Power.
The site extends to around 526,092 sqm gross, and St Francis Group intends to promote the site for a number of industrial and logistics units in a range of sizes to benefit from its key strategic location. Occupiers with build-to-suit requirements will also be targeted.
Gareth Williams, development director at St Francis Group, said; “Having worked to consolidate our land bank over the last 24 months or so, we targeted this strategic acquisition to complement our remaining land holdings, giving the business additional focus and national coverage within the industrial sector." (mw)