Langtree wins Shell Carrington auction
27 September 2013 09:05
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Langtree has been selected by Shell as the preferred buyer for its 1,600-acre former works in Carrington which are set to become a large housing development.
The Newton-le-Willows based developer controlled by Bill Ainscough beat Peel and St Modwen to the sale.
Langtree is understood to be paying excess of the £20m advertised price for the site, which could accommodate 2,500 homes.
Jones Lang LaSalle is advising Shell.
All parties declined to comment.
Will buyers be told about the pollution in the soil? There was a huge underground styrene lake there in the 1990’s
By ex carrington worker