A local cricket club trying to re-develop its ground has been hit by the crisis engulfing the UK’s residential developers.
Kent County Cricket Club is going back to the market to sell some of its land to finance its redevelopment plans at its Canterbury ground after Persimmon pulled out of the deal.
The club is selling its land as part of plans to redevelop the ground. It has planning permission for a hotel, conference centre, museum and hospitality boxes.
Chairman George Kennedy said: ‘Not surprisingly, the main builder who had been successful in tendering for the work on the Bat and Ball site and the Net site has run into financial difficulties and is currently unable to go ahead under the terms previously agreed.
‘The committee is presently seeking new offers from several companies and I am pleased to report that negotiations are progressing well.’
He said the plans for a hotel, which the cricket club is working on with Radisson, were more promising, and would progress once the housing issues were resolved.