One Heritage Group plc: Practical Completion of County House in Oldham (1571045)
01 Marzo 2023 - 8:00AM
UK Regulatory
One Heritage Group plc (OHG) One Heritage Group plc: Practical
Completion of County House in Oldham 01-March-2023 / 07:00
GMT/BST
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1 March 2023
ONE HERITAGE GROUP PLC
(the "Company" or "One Heritage")
Practical Completion of County House in Oldham
One Heritage Group PLC (LSE: OHG), the UK-based residential
developer focused on the North of England, is delighted to announce
the practical completion of County House, Oldham, its first
completion of a development management project.
Acting as the Development Manager for the project, One Heritage
has overseen the transformation of the former Oldham County Court,
following its closure as a court in 2017, into 42 high-quality, one
to three-bed apartments. The site was acquired in February 2020,
with One Heritage securing planning permission for residential
conversion in June 2021.
Construction work commenced in September 2021, with Winworth
Construction Limited appointed as the principal contractor. The
wider project team included Studio KMA Limited (Architect), RJD
Associates (Principal Designer) and Neo Projects Limited (Employers
Agent).
The scheme was sold to Arcon Housing Association, a subsidiary
of Bolton at Home, via a Forward Fund Agreement, and all 42
apartments will be let at affordable rents boosting the
availability of affordable housing in Oldham Town Centre.
The scheme contributes to a wider regeneration programme in
Oldham Town Centre, which is seeing major improvements to
residential stock, retail areas and the creation of new venues for
work, leisure and entertainment. One Heritage is delighted to have
been instrumental in breathing new life into a vacant building and
its residents will soon be able to benefit from the redeveloped
Spindles Shopping Centre and new food hall in the Grade II listed
former Town Hall.
Jason Upton, One Heritage CEO, commented: "We are thrilled to
see the completion of County House. The scheme marks the completion
of our first partnership with a housing association, and we are
grateful to the entire project team for their work on the scheme.
Not only are we really pleased with the quality of the product
provided, but we are also delighted to have transformed a local
landmark building which is centrally located."
Contacts
One Heritage Group plc
Jason Upton
Chief Executive Officer
Email: jason.upton@one-heritage.com
Anthony Unsworth
Chief Financial Officer
Email: anthony.unsworth@one-heritage.com
Hybridan LLP (Financial Adviser and Broker)
Claire Louise Noyce
Email: claire.noyce@hybridan.com
Tel: +44 (0)203 764 2341
Yellow Jersey PR (Financial PR)
Charles Goodwin/Annabelle Wills/Bessie Elliot
Email: oneheritage@yellowjerseypr.com
Tel: +44 (0)203 004 9512
About One Heritage Group
One Heritage Group PLC is a property development and management
company. It focuses on the residential sector primarily in the
North of England, seeking out value and maximising opportunities
for investors. In 2020 One Heritage Group PLC became one of the
first publicly listed residential developers with a focus on
co-living.
The Company is listed on the Standard List of the Main Market of
the London Stock Exchange, trading under the ticker OHG.
For further information, please visit the Company's website at
https://www.oneheritageplc.com/.
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ISIN: GB00BLF79495
Category Code: UPD
TIDM: OHG
LEI Code: 2138008ZZUCCE4UZHY23
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 226469
EQS News ID: 1571045
End of Announcement EQS News Service
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