This UK factory was expected to produce up to 3,500 homes a year but at the start of the year, the housebuilder’s modular business was identified as a major source of loss for the group.
Countryside has put its brand new modular factory in Leicestershire for sale in a move that the firm hopes will reduce losses to its manufacturing business.
Countryside confirmed it would shut the factory last month despite having spent £20m to set it up last Autumn. It has now put the facility on the market.
Potential buyers are expected to express their interest before 16 September and put in offers by 23 September.
Property sales agent Walker Singleton is marketing the Bardon factory on behalf of Countryside. Its sales brochure said: “The entire plant is a state-of-the-art panel manufacturing line, installed in 2020/2021, enabling the manufacture of closed panel timber frames, embracing modern methods of construction.”
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