Bassetlaw District Council is now the sole owner of the building development company Bersahill Ltd, after Woodhead Regeneration Ltd withdrew their interest from the company.
The Council’s intention is for Bersahill Ltd to restart work on the Madison Court development in Harworth, North Nottinghamshire and deliver the scheme as originally planned.
Bersahill Ltd was originally set up as a ‘Joint Venture’ company owned in equal part by Bassetlaw District Council and Woodhead Regeneration Ltd to deliver quality housing to meet local need.
Bassetlaw District Council have completed the purchase of Woodhead Regeneration Ltd’s shareholding in the company.
Robert Woodhead, the parent company of Woodhead Regeneration, collapsed last year.
