Sunday, September 8, 2024

26 acre Sherwood Oaks development site sold in multi-million pound deal

With a multi-million pound deal, heb have announced one of the region’s biggest land transactions.

Acting on behalf of Arron Kendall of Moorfields, as Administrator for Sherwood Oaks Homes Ltd and Sherwood Oaks Holdings Ltd, heb Surveyors have confirmed completion of the sale of the 26 acre Sherwood Oaks development site to Persimmon Homes.

The sale comprises some 30 fully finished, high quality houses together with the remaining part-serviced development land which has consent for a further 283 new homes.

Chesterfield-based Stancliffe Homes have simultaneously acquired the completed dwellings from Persimmon, and are able to immediately begin the process of selling individual homes to occupiers.

Persimmon will shortly recommence construction of the remainder of the development, which has been re-branded as Regency Grange. A sales office is expected to open for business this August.

“We are delighted to secure a successful disposal of this substantial and complicated site for our client Arron Kendall at Moorfields, and in as short a time as possible,” said Robert Maxey at heb Chartered Surveyors.

“We have been acutely aware that the local community has been keen to see this stalled development brought back to life, and it is always satisfying to assist with bringing much needed new family housing to the market.”

Gareth Hankin, regional MD of Persimmon Homes, said: “We are really excited to be bringing the Persimmon brand to this part of Mansfield. It really is a great location – within easy reach of the town centre and with a wealth of local amenities. On top of that there is fantastic open countryside just minutes away.”

“Interest in the existing houses is already strong, due in part to the fantastic build quality on offer,” added Sam Jones of Stancliffe Homes. “Our reputation for delivering quality is incredibly important to us. When became aware of the opportunity it was immediately apparent that the high specification of the houses was a great fit with our brand.”

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