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Old 21st Nov 2017, 09:40
  #68 (permalink)  
nighthawk117
 
Join Date: May 2002
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My understanding was that it was to be incorporated into the top right corner of the existing freight distribution building. Unfortunately I can't find any drawings to back up that plan.

Amazing though when you consider the “Kerfuffle” to obtain the land against a lot of local opposition,to sell the centre off so quickly? No doubt we will hear a statement re the airport soon.
You're reading too much into it. It's just juggling money around on the balance sheet to free up cash for future investments - why have £16m of cash tied up in a warehouse, when you can sell it on, free up the cash and re-invest it somewhere else?

Stobarts signed a 20 year lease on the building after selling it, so they'll be around for a long time yet.
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