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Retail park and homes

In 2015 Wessex formed a JV with North Devon Homes and acquired the remaining 14 developable acres of the site from Sheffield Insulation Group. We revisited the masterplan that had been agreed with foodstore consent, and redesigned to improve marketability and development returns. A new detailed consent for a 50,000 sq ft open A1 (non-food) retail park and 172 new homes was secured during 2016.

In 2017, Wessex formed a JV with William Pears Group for development of the retail park. We are currently on site with a further £5 million infrastructure contract to deliver serviced residential and retail sites, whilst concurrently building the retail park. Pre-lettings are exchanged with Next, DFS and The Restaurant Group, and practical completion is programmed for March 2018.

Please visit www.anchorwoodbank.co.uk for more information.

 

01752 252 136 or 0207 924 2593 | www.wessexinvestors.co.uk | info@wessexinvestors.co.uk