New investors and developers are keen to snap up the site and restart work on the luxury housing development.
Matt Dunham, of accountants BDO Stoy Hayward, who was appointed joint administrator for the site said: “There has already been considerable interest from a range of developers.
“We are not marketing it at the moment because we have to clear some legal points, but hopefully we will get that cleared up in the near future to get the site sold or moved on.”
He said the inquiries he has already received include approaches from “major developers.”
“It is a great site and just right for 2008. An opportunity like that doesn’t come along every day.”