North East Wales

Company behind Denbigh retail complex in administration

The site at Station Yard where the development was supposed to be built (picture courtesy of
Image caption Denbighshire council said it would talk to anyone who wanted to pursue the development

The future of a proposed shopping complex in Denbigh is in doubt after the company behind it went into administration.

The centre at Station Yard would have employed hundreds of construction workers and retail shop staff.

London-based administrators Begbies Traynor confirmed they were assessing Cathco's affairs and would be able to comment further at a later date.

Denbighshire Council said it remained committed to the project.

Council leader Hugh Evans said: "For the people of Denbigh, we really want to make this work.

"We are committed to supporting this development in Denbigh and we are prepared to hold discussions with anyone who wants to push this development forward."

Planning permission for the development was granted two years ago and work had been due to start this year.

However, Begbies Traynor confirmed Mark Fry and Nigel Nutting were appointed joint administrators of Cathco Property Holdings Ltd on 16 September.

"They are currently assessing the company's affairs and will be able to comment further in due course," said a spokesman.

The complex was to include a supermarket, restaurant, retail units and car and coach parking.

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