After careful consideration and discussion, Denbighshire County Council and the Mikhail Hotel & Leisure Group have mutually agreed not to take forward their proposed partnership at the Queens Market in Rhyl.
Following detailed discussions, both parties have agreed that a collaborative vision for the Queens Market could not be achieved.
The Council are currently implementing a new plan to appoint an operator for the facility, and further updates regarding this will be provided in due course.
Councillor Jason McLellan, Leader of the Council and Lead Member for Economic Growth & Tackling Deprivation said:
“The Queen’s Market project is a vitally important part of the long-term development work happening in Rhyl, and structural work on the building is nearing completion.
The Queen’s Market will provide a unique retail offering to the people of Denbighshire and beyond, and we are committed to ensuring that this project will deliver the very best offering and outcome for the people of Rhyl.
Work will continue to fit out the facility as planned, and we look forward to the Queens Market opening for business in 2024.
We would like to thank the Mikhail Hotel & Leisure Group for their cooperation and collaboration on this project and wish them all the best with their future endeavours.”
Andrew Mikhail, Chairman of the Mikhail Group said:
“We would like to thank the team at Denbighshire Council for their support over the last few months as we have enjoyed working with them to find a mutually beneficial solution for this fantastic venue.
Ultimately, we felt that the Queens Market didn’t fit within our operating model. We wish the team at the Council every success for the future of the Queens Market project.”