Planning consent achieved for Fishguard (5081B)
April 17 2012 - 9:21AM
UK Regulatory
TIDMCIC
RNS Number : 5081B
Conygar Investment Company PLC(The)
17 April 2012
17 April 2012
THE CONYGAR INVESTMENT COMPANY PLC
PLANNING CONSENT ACHIEVED FOR FISHGUARD WATERFRONT
DEVELOPMENT
The Conygar Investment Company PLC ("Conygar") announces that it
has been granted outline planning permission for its mixed-use
marina development at Fishguard, West Wales.
The main elements of the scheme include a 450 berth marina with
workshops, stores and ancillary facilities; 253 new residential
apartments and a 19 acre platform for the potential expansion of
the existing Stena Line port. The scheme will also create a new
publicly-accessible promenade, public slipway and Visitor
Centre.
While plans for the Visitor Centre are still under discussion it
is envisaged the centre could incorporate a Marine Aquarium, Seal
Hospital and marine heritage and wildlife exhibits along with a new
public slipway with an associated parking and viewing area.
The resolution to grant planning permission is subject to a
number of usual planning conditions and the signing of a S.106
agreement.
Robert Ware, Chief Executive of Conygar, commented:
"We are delighted that Pembrokeshire County Council has resolved
to grant planning permission for our marina development at
Fishguard. This now gives us the confidence to push ahead with
preparing detailed proposals during the course of which we will
continue to consult with all relevant parties and address any
remaining issues that may still be of concern.
As a consequence of discussions with Sea Trust, a local
community conservation group, and other stakeholders, our detailed
planning submissions will incorporate a Landmark Visitor Centre
with associated parking for cars and coaches, which we believe will
attract significant numbers of all year round visitors including
those travelling to and from Ireland."
Ian Davies, Route Director for Stena Line at Fishguard said:
"Stena Line welcomes the outline planning approval of these
exciting projects and the prospective benefits that it could bring
for local regeneration, tourism and job creation. We will be
working closely now with partners and interested parties to
hopefully bring fruition the potential benefits."
Enquiries:
The Conygar Investment Company PLC
Robert Ware: 020 7258 8670
Peter Batchelor: 020 7258 8670
Oriel Securities Limited (Nominated Adviser and Broker)
Michael Shaw: 020 7710 7600
Neil Langford: 020 7710 7600
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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