Our National Development team has completed a 6.62-acre land sale acting for the landowners and Harworth Group in a deal with national housebuilder Bellway Homes. The team is delighted with the outcome after initially being approached by the landowners about the greenfield site in 2014.
The site, based in the popular village of Hilton in Derbyshire, is set to comprise 45 family homes and associated public space and was sold to Bellway Homes following a competitive disposal process. The national housebuilder will bring the properties to market over the next two years.
Luke Brafield, Associate Director at Fisher German, explained how the deal was secured. “We were originally approached by the landowners in 2014 and our planning team saw real potential in the site, so we negotiated a Landowners Collaboration Agreement between the involved parties together with a Promotion Agreement. We worked closely with Harworth Group, who promoted the site and obtained the necessary planning permission in 2018, and co-ordinated a highly competitive tender process to select their preferred purchaser from multiple bids for the site. We were delighted to help secure Harworth’s first deal with Bellway Homes. It’s been a few years in the making to get to this point and now we can’t wait to see spades in the ground after the gestation period!”
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