Rotherham, Meadowbank Road – Stankerr 100 and Stankerr 200 Ltd

David and Jamie set up Stankerr 100 Ltd in February 2003 with two other shareholders with the aim to purchase 20 acres of land close to Junction 34 of the M1 in Rotherham. The property is currently rented to occupiers on short leases. A detailed planning consent was obtained for a 30,000 sq ft Open A1 Retail, 80 bedroom hotel and restaurant development which has now been implemented but not built out. Debt funding was provided by Nationwide.Three years later, Stankerr 200 was formed to purchase the adjacent 10 acres of land. An Agreement to Lease was entered into with J.Sainsbury's for a 66,000 sq ft superstore.