The Welsh Government and Denbighshire County Council have released a 1.61-acre seafront site in Rhyl in Denbighshire for development, as part of the next phase of the regeneration of the coastal town.
Agent Legat Owen has been instructed to find a developer or occupier to take forward the delivery of the West Parade site, which forms part of the wider West Rhyl Regeneration Area. Legat Owen said the site had the potential for a variety of uses including housing, leisure, hotel, office, retail and a restaurant.
Work has already started on public realm space immediately to the south of the site which is intended to provide a focal point for the area and provide an accessible public space for local residents.
The site was acquired by the Welsh Government through a compulsory purchase order, and has been cleared for the past five years. This is the first time that the site has been formally marketed, according to the council.
Stephen Wade, director at Legat Owen, said: "West Parade is a fantastic opportunity for an experienced developer or owner occupier to deliver an exciting mixed use scheme. Denbighshire County Council has created a flexible planning brief which allows for the integration of a range of complimentary uses on site. The site is being sold by way of informal tender with offers being judged in terms of the quality of the proposed development and value for money."