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Middlemarch site sold for £3.96 million

Tuesday, 22 May 2018 at 11:19

Good news story for Island says minister

The Middlemarch site in Douglas has been sold for £3.96 million.

It was bought my Middlemarch Ltd, a subsidiary of Auldyn properties Ltd.

Auldyn previously acquired Middlemarch Ltd from Sefton Group PLC.

Infrastructure Minister Ray Harmer confirmed the news in Keys this morning, in answer to a question from Douglas South MHK Kate Beecroft.

The sale of the land, opposite the old bus station site, went through on the second of this month.

Mr Harmer told the House he believed it was a good news story for the Island.

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