We’re thrilled to announce Cotswold Oak as our development partner for a residential development site in Kempsey, Worcestershire, following a competitive tender process.
Located off Brookend Lane, the development will comprise up to 40 high quality market and affordable new homes in a mix of types and sizes.
The landscape led development will also incorporate new publicly accessible green spaces with natural play areas.
Hannah Deverell, Disposals Director at Richborough, said: “Congratulations to Cotswold Oak and the landowner on this exciting sale. We are especially pleased that Cotswold Oak is Worcestershire-based and can’t wait to see the new homes taking shape.
“Huge thanks go to our in-house team and supporting consultants for their efforts in bringing this scheme forward, including our planning, technical and urban design specialists. The fact that we secured this sale just eight weeks after receiving planning permission is testament to its high quality.”
Russell Thompson, Managing Director of Cotswold Oak, added: “It been a real pleasure working with the Richborough team in our acquisition of the site in Kempsey. They were very professional but also helpful during the process. We are looking forward to bringing 40 new homes to the market. We hope to do lots more business with Richborough in the future after this great experience.”
Andrew Moss, Principal at Avison Young, acted on behalf of the landowner. He added: “We are delighted with the outcome of the disposal following the successful promotion of the site by Richborough with planning support provided by Avison Young. Richborough’s highly professional and informed approach has enabled value to be maximised and the delivery of much needed family homes against a backdrop of challenging market conditions.”
www.cotswoldoakltd.co.uk