A DEVELOPER behind plans for a £20 million development in Bodelwyddan has pulled out of the scheme.
London-based developers Hadleigh Industrial Estates submitted a planning application to Denbighshire Council to refurbish the former Hotpoint factory and build 70,000 sq ft of new industrial units, 134 family homes and an ambulance depot for the Welsh Ambulance Service.
But in September the plans were refused planning permission by Denbighshire Council's planning committee after officers recomended it for refusal citing the loss of part of the land to homes rather than employment.
Richard Lanyon of Hadleigh Estates, said: "We have had the contract terminated. That is the end of the road. We wish it could be different. We have exhausted every means.
"I feel very defeated."
A spokesman for Indesit, which owns the land, said: "Hadleigh Estates and GDA Holdings, the controlling company of Indesit Company UK, entered into a conditional sale and purchase agreement, which provided for the right of Hadleigh Estates to terminate the agreement in case a specific planning condition for the development of the property for industrial and residential use was not satisfied.
"Following the rejection of the application by the competent local authorities, Hadleigh Estates has exercised its right to terminate the contract."
Vale of Clwyd AM Ann Jones said: "I got a call from Hadleigh saying they could not reach an agreement with Indesit.
"I find it quite sad. Obviously it is disappointing because we thought it was great."
Welsh Water applied to Denbighshire County Council, inconjunction with Developer Hadleigh Industrial Estates, to create an operations depot and offices at the former training centre on the industrial site.
It is not yet known whether the Hadleigh's termination of their contract will have a knock on effect on Welsh Water's application.
A spokesperson from Welsh Water said: “We are aware of the latest developments and we are currently liaising with the appropriate parties to determine the next steps.”