Liz Earle pulls out of Ryde land purchase

Other opportunities are being considered for the land after deal falls through

Those who follow our Twitter feed will know that at yesterday’s Economy and Environment Scrutiny Panel meeting, it was revealed that Liz Earle has pulled out of possible purchase of council-owned land in Ryde.

Readers will remember the news of potentially 500 new jobs being created as the council agreed ‘special purchaser status’ for Liz Earle to buy land next to Ryde Business Park.

At yesterday’s meeting Cllr Dave Knowles asked Strategic Director of Economy and Environment, Stuart Love, about the deal.

Mr Love confirmed that Liz Earle had pulled out of the deal and that the council would be seeking other opportunities for the land.

Tuesday, 27th November, 2012 11:19am



Filed under: Business, Isle of Wight Council, Isle of Wight News, Ryde, Isle of Wight, Top story

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4 Comments on "Liz Earle pulls out of Ryde land purchase"

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As George Brown rides off into Sunset another one of his delegated decisions crashes to earth .Bye bye George and good riddance.

jimmy smith

You could not make this up could you – Ryde Theatre sale collapses, Ryde Youth Club, Asda deal on and off and on again, Riversie Centre fiasco and now Liz Earle scheme. Is there nobody left in the council with any ideas on assets, business and the economy of the island?

last one out turn the lights off,

Fred Karno
And to add to the list – what about the old Greenmount School site in Ryde? The Isle of Wight Council supposedly had a buyer for that ages ago and I think someone said there was a planning application for housing there and to use the old playground as a car park, accessed from Newport Street. Many months later and the Estate Agents ‘for sale sign’ is… Read more »
Fred Karno

Further to my previous post – I’ve just been past Greenmount this morning and there is now a big “sold” sign there – perhaps that sale has gone through after all?