NORTH QUAY DEVELOPMENT IN HAYLE ENTERS A NEW PHASE

Property specialists, Moorfields Advisory, have been appointed over the North Quay Development, in Hayle on the north Coast of Cornwall. The regeneration project is one of the largest of its kind in the Southwest.

The site extends over 100 acres across Hayle’s North Quay and has planning permission for residential units, retail, business and leisure floorspace. Building works on the site are underway, with the first two residential buildings in phase 1 complete. All units in these buildings have sold, following very strong demand.

Arron Kendall, a Partner at Moorfields Advisory said “We understand the importance of the regeneration project to the residents of Hayle. The project team will therefore facilitate the delivery of the development in accordance with the planning consent.

The site which includes Hayle’s operational harbour, lies within the Cornwall and West Devon Mining Landscape World Heritage Site, and is of significant importance to the local boating and fishing community.

We want to provide reassurance that Hayle harbour will continue to operate as normal throughout this new phase”

ENDS

For media enquiries, please contact:

Katie Smith

Tel: +44 (0)20 7186 1144

Email: ksmith@moorfieldscr.com

About Moorfields

Moorfields Advisory Ltd is one of the UK's leading boutique firms of restructuring and insolvency specialists. The highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high-quality advice to companies and their stakeholders in financially distressed situations.

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