Housebuilder expected to secure ‘significant construction contracts’ to build out the consented development
Inland Homes, together with its 50% joint venture partner Europa Capital, has completed the sale of its site in Aston Clinton, Buckinghamshire, for £22m, the group’s share being £11m.
The housebuilder said it had recently achieved a resolution to grant planning consent for 400 homes and 105,000ft² of retail, leisure and commercial space on the greenfield site.
It said it anticipated entering into an agreement to manage the development on behalf of the purchasers and expected to secure “significant construction contracts” to build out the consented development.
In a separate transaction, the group has secured a 13.1 acre site in Cressing, near Braintree, Essex.
The site and yard, which currently includes facilities for both commercial and industrial uses, has been identified in Braintree District Council’s Local Plan as capable of providing up to 70 new homes.