Carter Jonas brought an 11-acre (4.5 hectare) site to market in early 2019, inviting residential development proposals from developers and promoters.
The site, located on Mill Lane in Barrow, near Bury St Edmunds, falls within the West Suffolk Planning Authority and representations were been made to the Local Authority as part of a recent call for sites.
Carter Jonas’ eastern development team, following an extremely competitive bidding process, which saw nine proposals being submitted on the Informal Tender deadline, agreed terms and has now exchanged contracts within only five weeks of Heads of Terms being concluded with a National Land Promoter. Carter Jonas also successfully secured the planning and masterplanning instruction, and we will work with the promoter when progressing the site through the planning process for residential development purposes over the next few years.
For further information, please contact a member of our team:
Partner, Planning & Development