BB&J Commercial are delighted to announce that they have successfully completed the sale of a 3.5-acre residential development site located to the north of Allan Avenue, Littleover to regional housing developer William Davis in conjunction with joint agent on the site Mather Jamie.
The site which is known locally as ‘Bunkers Wood’ is the subject of a combined planning application to deliver in excess of 80 dwellings with the developer anticipating construction to commence on the site later in the year.
Chris Keogh, BB&J Commercial Senior Surveyor commented “On behalf of our mutual clients, BB&J Commercial and Mather Jamie are pleased to finally conclude the sale of ‘Bunkers Wood’ to William Davis. Whilst this site was historically part of our mutual client’s strategic land holding the opportunity to agree terms and ultimately a sale to the William Davis represented an excellent opportunity for all parties. This deal will help to bring much needed additional housing to the area.”
BB&J Commercial were involved in complex negotiations with William Davies on behalf of their clients to agree the deal, which will see the delivery of much needed further new build dwellings to this ever popular residential area. Mark Richardson, Partner at BB&J Commercial said “Chris is a very good negotiator and has been particularly successful delivering results for several of our clients on a number of development sites across the East Midlands. Land sales are subject to all kinds of complications and Chris’s knowledge has been key in getting some really good deals concluded.”
Should you have a site you are contemplating bringing to market please contact us at BB&J Commercial in complete confidence.