Our development team have recently completed the sale of approximately four acres of land off Maplewell Road in Woodhouse Eaves, Leicestershire to JK Land Ltd to help meet the ongoing demand for new homes.
An initial planning application for fifty dwellings was refused when the appeal was dismissed in 2019; subsequent planning permission for 36 dwellings was granted in October 2021.
The landowner has been working with our development team on promoting the sale of the land since 2016, with planning permission secured for 36 new dwellings by the purchaser.
We have played a key role in facilitating the sale by inviting numerous parties to submit their proposals, before securing an option agreement that enabled JK Land Limited to purchase the land within an agreed time frame, as well as negotiating a sale price upon the granting of planning permission.
Partner, Luke Brafield, said: “This proposed development has involved a number of planning and technical challenges. As such, it is a project that enabled us to demonstrate our varied expertise in strategic land promotion, ranging from sourcing developer partners and negotiating terms, to advising on planning promotion and negotiating prices for option agreements.
“We are delighted to have assisted in facilitating this deal and very much look forward to seeing a scheme being delivered.”
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