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Maltby Colliery set to become new home for specialist auctioneer

25 Jan 2019

Hargreaves Land is pleased to announce that it is working with the world’s largest auctioneer of heavy equipment and trucks to help deliver their latest UK auction site.

International auctioneer Ritchie Bros. is working with Hargreaves Land on plans for a new auction site to accommodate large plant, machinery and equipment at the former Maltby Colliery, Rotherham.

Auction events would be held up to ten times per year and several hundred attendees are expected at each auction event over two days.

The 500-acre Maltby colliery operated for over 100 years until underground operations ceased in 2013 due to geological conditions.

In recent years, Hargreaves Land has been promoting green-belt release, an employment allocation and the marketing of around 80 acres of land at Maltby for commercial and industrial uses around the former pit head site.

The initial proposals by Ritchie Bros. are for a smaller area for a temporary period of 12 months with plans set to follow for up to 26 acres for a 25-year period. If successful, the 26 acre scheme would deliver approximately 30 full time jobs and would result in a £3M investment program at the former Colliery. Ritchie Bros. estimates that it will also spend approximately £750,000 per annum on goods and services, much of which would be invested in the local area.

Lee Weatherall, planning and development manager at Hargreaves Land commented; “We are delighted to be working with Ritchie Bros. who are a world leader in heavy equipment auctions. This site has a rich industrial heritage, which is well suited to their business model and culture and can easily accommodate their operational needs.”

Ritchie Bros. has been holding auctions since 1958, initially in Canada and then expanding to now operate on an international basis with over 40 sites. UK auctions had been held at Donington Park but have now outgrown the site.