06 November 2014
Telereal Trillium has sold Criggion Radio Station, located near Welshpool, Powys to four local investors.
Built in 1942, the site was formerly used as a naval communications centre and transmitter site during World War II and the Cold War. It was later operated by BT on behalf of the UK Ministry of Defence. It has remained vacant since its closure in 2001.
Comprising 11.68 acres of land and four separate buildings, the site was available for purchase as a whole, or as separate lots. It was considered for a variety of uses, including a design studio, industrial storage, conversion to residential, a museum, and a day care centre, among others.
Commenting on the sale, Telereal Trillium, Director of Disposals & Development, Mark Kelly said: “The community showed a strong interest in the site and we are very pleased that the sale has been completed by four local investors. We are confident that the regeneration of the lots will bring life back to the area and will directly benefit the immediate community.”
Formal use of the lots can only be disclosed by the purchasers.
Balfours represented Telereal Trillium on the sale.