The Conygar Investment Company has completed the £18.5 million sale of its land holding at Rhosgoch in Anglesey to Rhosgoch Property Ltd, a subsidiary of Stena Line (UK) Ltd.
Proceeds from the transaction have been used to repay a £5.6 million loan from ASK Partners, which had been secured against the company’s 36-acre Island Quarter development site in Nottingham. The repayment leaves the site free of debt and provides additional working capital for Conygar’s ongoing projects.
The company expects to record a profit of £15.8 million from the sale, based on a March 2025 valuation of £2.5 million. The remaining funds will support operations and future development activity at The Island Quarter and across Conygar’s wider portfolio.
