It is reported that talks are under way to sell Workington's former steelworks site to a new buyer. The former Corus site at Moss Bay was owned by property firm Eatonfield Developments until it went into liquidation in July 2011.

Eatonfield folded after amassing about GBP 27 million of debt, and liquidators Zolfo Cooper took over the running of four of its sites, including Workington.

A spokesman for Zolfo this week confirmed that there was new interest in the site but declined to give details of the interested party. He added that "We are hopeful of concluding a sale shortly on the Workington site."

Eatonfield wanted to transform the 87 acre site into a seaside community. Plans were drawn up four years ago to create hundreds of houses, shops, a hotel, leisure facilities, a day care nursery, a care village for the elderly, a health centre, a pub and a promenade.

Eatonfield met with Allerdale council last month to discuss the situation, just days after the firm went into liquidation. Stock market shares in Eatonfield were suspended in May 2011.

(Sourced from www.timesandstar.co.uk)