Eckersley sell residential development site at Forton for Daniel Thwaites Plc
October 22, 2019
Acting on behalf of Daniel Thwaites Plc, Eckersley have recently sold a 5 acre site to Kingswood Homes based in Preston for the development of 38 houses.
The site is situated next to the New Holly Pub Restaurant on the main A6 just north of Forton. The scheme will include a range of semi-detached and detached properties and will also include a number of bungalows in accordance with planning permission secured from Wyre Borough Council.
Chris Wright, Estates Officer at Daniel Thwaites commented “we are particularly pleased with this sale of land and the capital receipt that was achieved by Eckersleys agency team acting on our behalf. Proceeds of the sale will be invested in the existing public house portfolio including the Shire Inns hotel chain also operated by Thwaites. The sale to Kingswood Homes followed a competitive tender situation and we were particularly impressed with Paul Jones and his professional team from Kingswood Homes”.
Commenting Andy Taylorson advised “the sale to Kingswood represented best value for the site given the price agreed and the way the transaction was completed. The fact that our client had already secured an outline planning permission and made available supporting information ensured the conditions of the contract were satisfied quickly. A good team effort all round”.
Daniel Thwaites were also represented by David Hill of Napthens Solicitors.