A 400-acre rural estate in Swindon with planning for 2,500 homes is up for grabs.
Ainscough Strategic Land is offering Lotmead Farm for sale on behalf of landowner, the Parry Family Trust, with Avison Young appointed to secure a developer. The entire scheme is available, or alternatively just the first phase of 289 homes across 39 acres.
The site is located to the eastern edge of Swindon, on the gateway to Oxfordshire and the Cotswolds.
Lotmead Farm was established in the 1950s as a traditional dairy farm. It has since diversified with a pick-your-own facility and a business village providing small office and studio units in a courtyard development. The facility will continue to operate and work with the developer to evolve the proposals for the new village centre.
Gordon Isgrove, principal at real estate adviser Avison Young, said: “With a strong identity and brand, Lotmead Farm offers the opportunity to deliver a new, high quality, stand-alone village, in keeping with the setting of the surrounding countryside.
“There is very good appetite for new housing in Swindon, and with plenty of new entrants to the housing market and funds looking to invest in the housing market, we expect competition to be strong.”
The deadline for offers is 4pm Friday 9 July.
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