Housebuilder expected to secure 鈥榮ignificant construction contracts鈥 to build out the consented development

Inland Homes, together with its 50% joint venture partner Europa Capital, has completed the sale of its site in Aston Clinton, Buckinghamshire, for 拢22m, the group鈥檚 share being 拢11m.

The housebuilder said it had recently achieved a resolution to grant planning consent for 400 homes and 105,000ft虏 of retail, leisure and commercial space on the greenfield site.

It said it anticipated entering into an agreement to manage the development on behalf of the purchasers and expected to secure 鈥渟ignificant construction contracts鈥 to build out the consented development.

In a separate transaction, the group has secured a 13.1 acre site in Cressing, near Braintree, Essex.

The site and yard, which currently includes facilities for both commercial and industrial uses, has been identified in Braintree District Council鈥檚 Local Plan as capable of providing up to 70 new homes.