Catesby Estates are pleased to announce the completed the sale of 1.048 acres of local centre development land with outline planning permission in Wavendon, Milton Keynes, to Central Co-op.

The land forms part of Glebe Meadows, a 156 acre, mixed use community comprising 1,140 occupied homes, a primary school, secondary school and public open space, all of which was originally brought forward or promoted by L&Q Estates and sold in parcels to developers.

This parcel comprises permission for the delivery of a circa. 350 sqm food retail store, and 400 sqm of additional non-food retail space. The space will be the last piece of community infrastructure to be delivered at Glebe Meadows.

Glebe Meadows community

The site is situated four miles east of Central Milton Keynes, adjacent to both the A421 and Newport Road which provides a direct link to the M1 and 4.5 miles from Milton Keynes Central Railway Station. The station provides services to London Euston as quick as 35 minutes at peak times with up to nine services running each hour.

Myron Osborne, Chief Executive of Catesby Estates, said: “This parcel of land in Milton Keynes was obtained as part of our parent company Urban&Civic’s acquisition of L&Q Estates last year, which saw us significantly increase our land promotion portfolio.”

“With L&Q Estates bringing forward or promoting all other elements of the Glebe Meadows neighbourhood, we are pleased to have sold the final parcel of land to be delivered here to Central Co-op and look forward to seeing the land transformed into new retail space for the existing community.”

Paul Shepherd, Senior Acquisition Manager at Central  Co-op said: We’re delighted to be bringing a new community-focused local centre to Wavendon. Central Co-op is committed to serving growing neighbourhoods with convenient, ethical retail and this development marks an important step in our plans to support local communities with accessible, high-quality services."

Strategic land promoter sells local centre development land for delivery of a new retail space