Residential developer Castle Green Homes has acquired a 43-acre site at Daresbury Park, Cheshire as it continues its expansion in the North West.
B8 Real Estate acted as agents for the deal, which was completed via a competitive tender process for a sum in excess of the £25m asking price.
Castle Green has now applied for detailed planning consent for the first phase of development, which will consist of 108 homes on 13.6-acre plot. The company, which recently opened an office in nearby Preston Brook, aims to start work on site later this year.
The acquisition is another step forward for Castle Green, which was previously known as Macbryde Homes before the management buy-out in 2020 led by Managing Director Gwyn Jones and backed by its investment partner Bridgemere UK, chaired by former Redrow Homes founder Steve Morgan.
