Originally Posted by
Grumpy1
The sheds started to be offered for sale or rent a couple of years ago. The contractors pulled off the incomplete site before Christmas and the foreman told the farmer and the regulars down there that the plan was to only build more units when tenants or owners came forward. No obvious a activity currently although Lord H promised the first tennant early in the new year. As of a fortnight ago the farmer had still not been paid.
The site over the road opposite the hems base was occupied as soon as the units were completed which must be worrying.
Being in the Freeport zone is generally quoted as being the reason for the apparent lack of interest but could it be the fear of being associated with Lord H as a couple of businesses interested in the Teesworks have publicly stated that this is why they have gone elsewhere and he admitted as much this week.
You have mentioned before about the farmer not being paid, do you know if this is this a sale or rent situation? If he sold the land he needs to ask his solicitor why he did not get paid at completion, if it's rent then he needs to get on the phone...