Watling Real Estate has been appointed in connection with five sites under the ownership of companies within Godwin Group, the distressed Birmingham-based property developer.
The sites include locations in central Derby, St Paul’s in Bristol, Wisbech in Cambridgeshire, Erdington in Birmingham and Hockley Heath near Solihull.
Alex Sweetman, a director in the Leeds office of Watling Real Estate, said: “These high-profile appointments involve several regionally significant schemes and we expect a buoyant level of interest from the market”.
“The portfolio comprises a mix of full consented schemes plus sites currently being promoted through the planning process.”
In Derby, Watling will be bringing to market The Landmark, a fully-consented 202-unit residential scheme presented within three tower blocks. The site had previously been marketed by agents Avison Young.
Wisbech Gateway is a prominent 8.5-acre Cambridgeshire site adjacent to the A47 with outline planning permission for a roadside development including hotel, petrol filling station, retail units, drive through restaurants, a hotel and industrial. Agent Rapleys had previously been marketing the units off-plan.
A further site located in central Bristol, off Newfoundland Road, is currently being promoted to support a 101-bed purpose-built student scheme, having previous received planning permission for a hotel-led mixed-use scheme.
The two further properties in Hockley Heath, Solihull and at Central Square Shopping Centre in Birmingham comprise residential-focused development opportunities currently promoted to support 41 and 30 dwellings respectively.
Sweetman said “We’re currently working closely with lenders and other stakeholders and plan to launch our campaign in the coming weeks.”
More information can be obtained from Alex Sweetman on [email protected]
Watling Real Estate is the UK’s largest and most experienced real estate restructuring practice with 18 staff including eight registered property receivers. The firm offers nationwide coverage through offices in London, Birmingham, Manchester, Leeds and Bristol.
