The Liverpool office of international law firm, Hill Dickinson has advised The Conygar Investment Company PLC on the acquisition of two development sites in Wales.

The property investment and development group has acquired the freehold of the former Shell Storage Facility site near Rhosgoch, Anglesey for a consideration of £3 million. 

The 203 acre brown field site is located approximately 3 miles from Amlwch Port and 6.5 miles from the site of the existing and proposed Wylfa Nuclear Power Station.

Hill Dickinson also advised the group on the acquisition of a 9.96 acre freehold serviced development site at Cross Hands, South Wales from Sainsbury’s Supermarkets Limited. This site benefits from a detailed planning consent for a 90,792 gross sq ft food store with a 6 pump petrol station and 495 car parking spaces.

Pam Jones, partner in the property team at Hill Dickinson, said:

“We’re delighted to have worked alongside Conygar to secure these two significant additions to their investment portfolio. Both sites provide substantial opportunity for development that could deliver a sizeable return on investment.”

Robert Ware, chief executive of Conygar, added:

“We are delighted to have completed these two transactions and I wish to thank Pam and her team for their excellent service in completing these acquisitions, which is much appreciated.”