Clowes Developments purchases major Mansfield mixed-use development site

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Clowes Developments have purchased a 35-acre site at Pleasley Hill in Mansfield.

Pleasley Hill was initially presented to the land and planning team at Clowes Developments in 2017 by land promotor, David Winterbotham. Since then, extensive due diligence and research into the site’s potential has been happening behind the scenes and resulted in an off-market deal and outlined planning consent to develop the site.

At a time when the group have been heavily developing existing land banks across England and Scotland, the purchase of Pleasley Hill demonstrates Clowes’ commitment to growth, ensuring a healthy pipeline of future development remains in place for years to come.

Thomas Clowes, Managing Director at Clowes Developments, said: “The length of time this has taken highlights the need for strategic land when immediate opportunities are hampered by planning restrictions or heavily fluctuating markets.

“Fortunately, this is something Clowes has in abundance, and I’m delighted to be able to add another active site to our portfolio.

“Remarkably I’ve been working with David Winterbotham on this since I was a graduate surveyor, luckily for myself and the group it’s been a pleasure to do so. We’re very excited to get this one out of the ground in the

 link source - East Midlands Business Link - Property

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