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    Allens West, Stockton on Tees

    Property:Former MOD site
    Area:110 acres
    Purchase Price:N/A
    Claymore Role:Planning & Development, Land Promotion, Transaction (Sale)
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Project details

Claymore was appointed by a US Private Equity Debt Investor (and Administrator) in January 2016 to assemble full details on this site, which had been in receivership for c 8 years, and then to appraise its potential.

Following extensive analysis and reporting, Claymore were appointed to prepare the site for phased sale to residential developers. This involves the commissioning of extensive ground investigation works and building demolition; preparation of a detailed, costed remediation action plan; a review and negotiated reduction of the s106 obligations; and asset management of the site, which includes c340,000 sq ft of industrial buildings.

Claymore will oversee the phased disposal of the site to housebuilders, coordinating shared infrastructure and enabling works.