Monday, May 20, 2019

News: Ritchie Bros. bids to make Maltby its long term home

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Ritchie Bros., the world's largest auctioneer of heavy equipment and trucks, wants to use a former colliery in Rotherham as its UK location for the next 27 years.

Rothbiz reported in March that temporary approval was granted to enable 4.7 hectares of the pit yard at the mothballed Maltby Colliery to be used as an auction site which could accommodate large plant, machinery and equipment when auction events would be held up to ten times per year.

Having hosted two successful auctions already, now plans have been submitted that would provide approval for the operation on more of the pit site and over a much longer term.

A covering letter from WYG, agents for the scheme, explains: "This planning application for the Auction Scheme is submitted with a view, subject to securing planning permission, to enabling [sic] Ritchie Bros. to use the proposed 11.1 hectare Site (which includes the temporary 12 month scheme site and adjoining land) for their auction activities for a 27 year period, securing the 30 full time jobs and 40 additional temporary jobs for each auction event (over two days) up to 10 times per year, along with a proportion of such jobs commencing the week before the auction and also during the following week."

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It is estimated that the scheme would involve the investment of £3.58m by the landlord, Hargreaves Land, and Ritchie Bros. to develop the site, including the modification of an existing building to form an auction house, construction of a new check-in building and use of the existing workshop, along with associated works elsewhere on site, with the demolition of some redundant former colliery buildings.

Annual investment by Ritchie Bros. would involve a further spend of around £0.75m, which over the 27 year life of the venture, would total around £20.25m.

Ritchie Bros. has been holding auctions since 1958, initially in Canada and then expanding to now operate on an international basis. The UK auction operations had previously been based on land at Donington Park.

If approved, the new facilities could be in place for Spring 2020.

Ritchie Bros. website
Hargreaves Land website

Images: Ritchie Bros. / Hargeaves land

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