NG fires up Old Foundry site to bring new homes to Coalville
18th September 2018
A new affordable housing development is set to be brought forward in the centre of Coalville after we recently completed a land deal.
Acting on behalf of Lunette Properties, NG has finalised the sale of The Old Foundry site on Scotlands Road in Coalville to Westleigh Partnerhips Ltd.
The site has been vacant for many years and is now set for redevelopment to provide 14 new affordable homes.
Westleigh, which was recently acquired by Countryside Properties plc., was selected as the preferred purchaser after a focussed period of marketing in 2017.
Richard Sutton, Director at NG and Matthew Moore, Property Director for Westleigh, have a long standing working relationship, having completed many transactions together over the years.
Richard said: “we were always confident that Westleigh would be the right buyer for this site; they have worked really hard to deliver something that will enhance the town centre and they have always been able to deliver on sites when other developers can’t.”
Matthew said: “We are delighted to have completed the purchase of The Old Foundry site on Scotlands Road.
“Our plans for development will see the site put back to good use by delivering much-needed affordable housing for property-seekers in Coalville, and we would like to thank NG for being such efficient agents.”