Grovebury Road, Leighton BuzzardProperty:Land for Retail Development
Purchase Price:c. £15m
Claymore Role:Land Promotion, Planning and Development, Co-Investment
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Acting on behalf of The Church Commissioners, Claymore successfully promoted this 7-acre greenfield site, to secure change of consent from industrial to retail use in 2013. Claymore has subsequently assembled a pre-let retail warehouse development and in joint venture with Conrad Phoenix Properties acquired the site from The Church Commissioners and forward funded the scheme.
The project commenced on site in October 2017 and the Phase 1 retail park is due for completion in September 2018.
Phase 2 land is currently being promoted for industrial and trade park uses.