A unique stables complex in the Vale of Belvoir has been sold by specialist land development and property consultancy Mather Jamie to Sheppard Developments in partnership with Gatter Capital.
Situated within the grounds of Wartnaby Castle, known as the ‘Little Belvoir Estate’, the site holds an elevated position above the Vale of Belvoir.
Benefitting from full planning permission for the conversion of the existing stable yard and redevelopment of existing cottages, it is anticipated that four luxury residences will be constructed to include ample garaging and home working space. Also included within the sale is a parcel of paddock land which adjoins the stables that has potential for equestrian or amenity use.
Commenting on the sale, Mather Jamie senior associate director, Gary Kirk, said: “We were delighted to be instructed on such a unique site. The nature of the range of buildings and their setting presented some interesting technical challenges from a marketing perspective. We look forward to watching this site come forward and deliver new homes, which will be in high demand.”
Ben Sheppard from Sheppard Developments added: “We are very excited by this latest acquisition with its unique setting and architecture. It is fantastic to be working alongside Gatter Capital on our second project together creating high end, luxury and distinctive residential properties.”
Originally constructed to compliment Wartnaby Castle, the 2 acre site comprises a range of traditional buildings including the stable yard and two adjoining cottages. The Little Belvoir Estate was constructed in 1839 and was likely built as a hunting facility with the stables being an integral part of the wider Estate’s original purpose.