The directors of Cole Waterhouse oversaw the completion on the purchase of the land in April 2015 with a group of investors from the UK, USA, Hong Kong and Singapore.
Cole Waterhouse managed the planning approval process with approval secured in May 2016 for a £97 million mixed use development which included 198 residential units, (158 private, 15 shared ownership and 25 affordable rent) and 19,000 sq ft of retail space.
The shareholders ultimately determined to sell the site following keen interest in it. Completion of the sale of the site occurred in February 2017 and delivered a 38% ROI for their investors.
19k sq ft