The company which owns a significant portion of the land designated for the multi-billion-pound Disneyland-rivalling London Resort project is on the market.

Swanscombe Development LLP holds approximately 372 acres of the peninsula and about 39 acres of the Manor Way Business Park.

According to Kent Online, Swanscombe Development LLP had granted an option to the London Resort team to purchase the land for building the leisure complex.

However, this option expired in December 2022 and has not been renewed.

London Resort Company Holdings (LRCH), the entity behind the £2.5 billion park plans, invested over £4 million in securing the option, which was non-refundable if the purchase did not go through.

The plans for the park, initially introduced as London Paramount Park, were first unveiled in 2012, with an intended opening six years later.

Now, Swanscombe Development LLP—a 50/50 joint venture between Aggregate Industries and Anglo American International Holdings—is up for sale, including the freehold on the land.

Property firm Savills is managing the sale for an undisclosed amount and is accepting offers until the deadline of July 26.