BB&J Commercial has sold a prime residential development site in Ripley, Derbyshire.
Acting on behalf of the landowners, BB&J Commercial facilitated the sale of the 3.10 acre site, which had the benefit of detailed planning consent for up to 34 new dwellings located on Peasehill Road.
The site is situated close to major transport routes like the A38, A610, and M1, making it an attractive option for developers.
The successful buyer was Futures Housing Group, a provider of affordable housing in the region.
Mark Richardson, Partner at BB&J Commercial, said: “This site attracted a lot of interest, which is not uncommon when dealing with land sales. However, as with many land transactions, it required some careful negotiations and perseverance to ensure the deal was successfully completed.
“We are particularly pleased that the site has been acquired by Futures Housing Group, whose commitment to providing affordable housing aligns with the growing need for homes accessible to all.”
