Catesby Estates Residential Land Deal With Cornwall Council Completes

 

A final parcel of 1.4 acres has been sold with outline planning permission by Catesby Estates to Cornwall Council for the development of a mix of 20 market and affordable homes off Binhamy Road, Bude, Cornwall.

The site was part of Catesby’s original larger land interest of 57 acres, which was sold with outline residential planning permission for 450 homes to Bovis Homes in 2011. 

Catesby retained 3.6 acres, gaining detailed planning permission for a discount food store which was sold to Lidl in 2014.  Planning was then granted for the construction of the 43,256 sq.ft Binhamy Retail Park in 2015, which adjoins Lidl and Morrisons food stores and construction was completed in 2017. 

The retail park which included occupiers B&M Stores & Subway, was subsequently sold in 2019, and an outline application with all matters reserved excluding access was submitted for the remaining residential parcel.

Commenting upon the sale Andy Wright, Senior Land Manager, said: “We are pleased to have completed this land deal with Cornwall Council, which demonstrates our ability to promote land that is attractive to alternative housing providers not just major and SME housebuilders.”

“This final land parcel sale completes Catesby’s involvement with the site, of which just over 55 acres was held under an option agreement with the landowner, the rest being owned by Catesby unconditionally.  The new homes being delivered are in a sustainable location with good access to local facilities and services.”

Find out more about the site here.