Press
NORTHERN TRUST COMPLETES SALE OF SITE AT BURTON JOYCE TO LOCAL DEVELOPER
12th May 2022
Northern Trust Company is pleased to announce that it has successfully completed the disposal of a 1.7 acre site in Burton Joyce, Nottingham via Savills Nottingham Development Team to a local developer.
Outline planning consent was granted by Gedling Council for 15 new homes on the 1.7 acre site, located off Orchard Close.
Mike Grindrod, Director at Northern Trust commented “We are absolutely delighted that all of the hard work of the team has delivered this strategic site and concluded the sale to a local Derby based house builder.”
Ann Taylor, development director at Savills Nottingham, who led on the sale, said: “After the pandemic-related challenges experienced in 2021 it is great to see this site sold to local developer, NA Homes who will deliver niche new homes into this buoyant housing market, with a sales launch towards the end of 2022 to early 2023.”
Freeths Managing Associate Louise Mee acted for the private landowners in this sale with Donna Fraser Associate at Geldards LLP acting for the buyer to ensure a successful completion.
Northern Trust is one of the most successful and long established land promotion company’s in the Country, with a land bank of over 5,000 acres, and is actively looking for further residential and commercial land opportunities to purchase or promote throughout the UK. If you are a landowner and want to maximise the value of your land either on a sale or promotional basis, then please contact a member of our team to discuss.
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