Almost ten acres of land in a Nottinghamshire village has been sold for housing and a new grocery store.
The development site, which is approximately 9.8 acres off Eakring Road in Bilsthorpe, has been purchased by Keepmoat Homes.
The developer plans to build 103 residential properties on the site.
Janet Stirzaker, Head of Partnerships at Keepmoat Homes, said: “We are extremely pleased to have purchased the land to transform the area into a high quality housing development. At Keepmoat Homes we are committed to building the communities of tomorrow. and we constantly strive to bring excellent homes to brilliant places.
“The two-, three-, and four-bedroom homes will be designed to help first-time buyers looking to get their foot on the property ladder, as well as upsizers and downsizers, and we’re committed to creating a strong sense of community. both inside and outside of development.”
The pitch was marketed by Savills’ Nottingham-based development team on behalf of the Harworth Group.
As part of the sale and planning permission, Savills has secured a small retail unit on site, which has been purchased by Lincolnshire Co-op and will be completed as part of the mixed-use scheme.
Ann Taylor, Director of Development 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 managing the transition to main built-up part of the village.
“It is well placed for Newark Northgate station and is also backed by a number of A routes making it easily commutable to Nottingham, Mansfield and a number of surrounding towns and suburbs.”
Tim Love, Harworth’s Executive Director, added: “Having secured broad outline consent on this site, it is great to see the development coming forward, providing much needed housing in the area and a significant new shopping center which will benefit the community. both new residents and the existing community.”
Housing completions are expected to fall in August 2024, while Lincolnshire Co-op aims to open its store in early 2023.