We have recently delivered a robust disposal strategy for another important regeneration project in Woodville, near Swadlincote, Derbyshire acting for Beepart, part of Dyson Group, and Harworth Group plc on the sale of 7.76 acres to Barwood Homes for up to 75 dwellings.
The land parcel forms part of a 53-acre regeneration site which is owned by Beepart Ltd, part of Dyson Group, the Sheffield-based former manufacturer of industrial materials. In April 2022, South Derbyshire District Council granted outline consent for the creation of up to 300 homes on the site, in addition to a c.30,000 sq ft local centre with convenience retail and leisure amenities and over 150,000 sq ft of employment space for a range of uses on the former coal and clay workings site.
The wider site has been unlocked by the delivery of Derbyshire County Council’s Woodville to Swadlincote Regeneration Route, which opened to traffic in December 2021, providing better access to Swadlincote and traffic relief in Woodville, as well as improved connectivity across the site. Preparation works will commence shortly for the next phases of residential and employment land sales at the development.
This sale to Barwood Homes follows sites where our development agency team have recently acted on disposals of land at Cadley Park, Swadlincote, regeneration of the former Cadley Hill Colliery to Taylor Wimpey plc for 132 dwellings, Avant Homes for 400 dwellings and Cameron Homes Limited for 68 dwellings.
Luke Brafield, a Partner in our Development Agency team said: “We are delighted to have been involved in this regeneration project which will bring economic benefits to this area which will integrate with the existing community. The provision of 300 homes and thousands of square metres of commercial space will create 600 jobs for the area on a previous brownfield site. As a result of this development there will be better access to Swadlincote and much needed traffic relief in Woodville.”
Charles Barton, our Development Surveyor said: “It has been great to work with our clients and joint agent Titchmarsh Bagley to prepare and deliver a bespoke disposal strategy for this project. Our focus was to add maximum value and to do this we needed to understand what information interested parties require to submit offers for residential development sites with limited conditionality to create interest and offers from multiple parties. We were thrilled to achieve a new benchmark land value for the area as a result.”
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