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Development Notebook

Market Harborough

Location: Market Harborough

CBP identified and devised strategy to acquire the site as well as master planning the layout. They also acted as Development Managers for Peveril Securities Ltd who were brought in, to fund the project on to completion. CBP managed the whole scheme through the acquisition and Development Agreements phase (involving Waitrose, Aldi, the land owner and the developer) and subsequently the costs and timing during construction for Peveril; Securities Limited. The scheme involved the creation of a new 30,000sqft Waitrose Freehold store on Springfield Street, Market Harborough, including the re- arranging of the existing Aldi store’s servicing arrangements and the creation of a joint car park with Aldi.

Bracebridge-heath-photo

Location: 1 – 5 Grantham Road and 1 Sleaford Road, Bracebridge Heath

Originally CBP identified the site for a foodstore operator acquiring it subject to planning for redevelopment. Permission was secured for the redevelopment of the former Blacksmiths Arms PH garden lands and refurbishment of the Public House creating an additional 6,173 sq.ft (563.49 sm) of new development. No 1 Grantham Road is let to fish and chips restaurant (1030sq ft), no 3 Grantham Road is let to a hairdresser (883 sq.ft) and no 5 Grantham Road is let to Tesco (4259 sq.ft). The external fabric of the Blacksmiths Arms was refurbished prior to marketing the former pub. The new tenant carried out the internal works prior to a successful reopening.

712 -716 Mansfield Road, Woodthorpe, Nottingham

Location: 712 -716 Mansfield Road, Woodthorpe, Nottingham

The site was secured subject to planning permission by CBP for a foodstore operator. This involved resolving a right of way issue. Planning permission was secured to construct a two unit scheme. The larger unit is let to Tesco (3,372 sq.ft) and the second unit to Subway (1,200 sq.ft).

Southport Central 12

Location: Southport Central 12

The development involved the site assembly of a derelict 14 acre site in multiple ownerships including railway sidings and museum, and Local Authority car parks.

CBP acting as Development Managers secured planning permission for a 195,000 sq ft shopping park and 70,000 sq ft Asda superstore. CBP oversaw the construction, letting and eventual sale of the investment to Modus for over £50m.

Asda, Southport

Location: Asda, Southport

Asda was the anchor tenant for the Central 12 Shopping Park. This store became very successful for the company.

Blackburn-Interchange—M65-Junction-4

Location: Blackburn Interchange - M65 Junction 4

CBP acted as Development Managers to implement the Master Plan for this 40 Acre site acquired by Peveril Securities Ltd, helping to secure planning permission for a mixed scheme including Offices, Warehousing, Industrial, Car Showroom, Hotel and a Trade Park.

CBP remained involved in the development of two office schemes, a commercial Truck showroom, an industrial scheme and a trade park. CBP also provided the day to day management of the site which has involved becoming expert in removing trespassers from the site from time to time.

Newcastle—Kingston-Park-District

Location: Newcastle - Kingston Park District

CBP created the scheme and then acted as Development Managers, which involved the acquisition and management of a 1980’s neighbourhood shopping centre which included a public house and leisure centre. Planning permission was secured on part of the centre for the creation of 4 modern retail units totaling 40,000 sq ft to satisfy current retailer needs.

CBP then managed the building contract whilst keeping the rest of the centre open achieving lettings to Boots the Chemist, Next, Brantano and Car Phone Warehouse. The completed investment was sold to Aberdeen Property Investors for circa £13m.

Whetstone,-London-N20

Location: Whetstone, London N20

CBP acquired the site from John Lewis to create a 12,000sq ft Boots the Chemist store with residential accommodation over. As Development Manager’s CBP secured planning, resolved the archaeological investigation issues (this was a very important medieval crossroad site) and then managed the construction of the scheme which involving party wall issues.

CBP arranged for the residential to be sold off on a long lease. Finally the freehold investment was the sold for circa £5m.