Sale of York City centre development site

A development opportunity within the heart of the City centre has been sold to York-based Northminster Ltd; the private vendor was represented throughout by Howard Jenkins.

The property, located between Piccadilly and Walmgate, extends to an overall area of 0.275 acre and offers development potential for residential, hotel, retail, office and/or leisure uses; it had originally been marketed at a guide price of £1 Million.

£300 Million available via Regional Growth Fund

The next tranche of Government funding under the Regional Growth Fund (RGF) is now available – this is for high quality private sector projects & programmes which will leverage private sector investment and create sustainable jobs .

Round 5 will provide £300 Million and applications are invited for £1 Million or more until noon on Monday 9 December 2013. Selected bidders will be announced in Spring 2014, and Round 5 funding is to be drawn down by 31 March 2017.