Student development up for sale – before it is built – Preston
The site of one of Preston’s landmark student flats developments is up for sale before a brick has even been laid.
The Friargate Point scheme to add 165 bedrooms to the city’s booming student village is being sold off to try to pay the debt of the developer behind the scheme.
Administrators Begbies Traynor, which took over the running of Point Developments (North West) last month, has revealed the firm owes £1.1m to Yorkshire Bank …