Promotion Agreement Exchanged: Wates Secures Strategic 80-Acre Commercial Development Opportunity

HOLT PROPERTY is delighted to confirm that Wates Strategic Space, part of Wates Developments, has entered into a promotion agreement with the Landowners of an 80-acre site in South Warwickshire. This land will be promoted for high-quality employment uses, with the potential to provide over 1 million sq ft of commercial space and is a superb addition to Wates Developments’ commercial land portfolio. Located in Wellesbourne, Warwickshire, just 3 miles south of J15 of the M40, the site presents an exceptional opportunity for development, contributing positively to local employment opportunities, while driving economic growth in the region. In partnership with the Landowners, Wates Strategic Space, with their vision for sustainable placemaking, will guide the promotion of the site through the Local Plan process. A special thank you to Victoria George-Taylor, Meryl Baker, Rio Daniel and Asher Ross at Wates Developments advised by Sarah Ferguson at Cripps. The Landowners were expertly advised by Mark Miller and James Leighfield at Lodders Solicitors LLP.