Gateway site in Bilsthorpe sold for more than 100 houses and new Lincolnshire Co-op food store
Just under ten acres of land has been sold for more than 100 dwellings and a new Co-op.
The gateway site off Eakring Road, Bilsthorpe, has been bought by Keepmoat Homes after being marketed by Savills on behalf of Harworth Group plc.
The plan is to build 103 homes and a Lincolnshire Co-op food store.
The outline permission was revised to increase the density in this location and, as part of the sale and the outline planning consent, Savills secured a small, on-site retail unit, which was purchased by Lincolnshire Co-op.
Construction is underway on site with Keepmoat Homes looking to deliver the private and affordable homes into the market over the next few years, with the completions anticipated to fall in August 2024.
Lincolnshire Co-op aims to open its store in early 2023.
Ann Taylor, development director at Savills, said: “Newark and Sherwood District Council has identified Bilsthorpe as an area for regeneration and development, and this site is highlighted as an important gateway location which manages the transition into the main built-up part of the village.
"It’s well-placed for Newark Northgate station and is also supported by a number of a-roads; making it easily commutable to Nottingham, Mansfield and a number of surrounding towns and suburbs.”
Tim Love Executive, director of Harworth, added: “Having secured the outline consent on this site, it is great to see the development coming forward, delivering much needed housing into the area and an important new retail facility which will benefit both the new residents and existing community.”
Janet Stirzaker, head of partnerships at Keepmoat Homes, said: “We’re incredibly pleased to have purchased the land to transform the area into a high-quality housing development. At Keepmoat Homes, we are committed to building tomorrow’s communities, and constantly striving to bring excellent houses to brilliant locations.
"The two, three, and four-bedroom homes will be designed to support first-time buyers looking to get their foot onto the property ladder, along with upsizers and downsizers alike, and we’re driven to create a strong community feel both within and outside of the development.”
The teams who worked collaboratively to deliver this mixed-use scheme comprised Alexandra Smith from Gateleys acting on behalf of Harworth Group, Sophie Bohill from Wardhadaway acting for Keepmoat Homes, and Catriona Wheeler from Chattertons acting for Lincolnshire Co-op Limited.
