Sunday, January 17, 2021

Spinney Campus sold to homebuilder

The SMB Group has sold its Spinney Campus to homebuilder Bloor Homes.

Contracts for the sale were exchanged last week and this signifies a major step forward in the future development of the site, which achieved outline planning permission for 70 houses earlier this year.

Chief Executive and Principal for the SMB Group, Dawn Whitemore, hailed this as a significant boost for the College, which was formed by the merger of Brooksby Melton and Stephenson Colleges just under a year ago.

She said: “I am delighted that we have been able to secure this sale with such a well-regarded house builder as Bloor Homes.

“This is not only the good news that we could all do with at this time, but moving forward will enable the College to continue to invest in its ambitious property strategy, providing relevant, innovative and sustainable facilities that will help our learners to meet the skills challenges of an ever changing industrial and agricultural landscape.”

SMB Group advisor, Russell Rigby of Rigby & Co. adds: “This is a great outcome for the SMB Group – we promoted the site to the market in the depths of the first lockdown period, hoping for a fairly rapid and successful outcome and we are really, really pleased that we were able to help bring about a successful conclusion to this part of the transaction process.

“I would particularly like to pay tribute to all the advisors on both sides who have worked very hard during still quite unpredictable times.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Derby recruitment firm to open three new offices

Sky Recruitment Solutions is to open three new UK offices following a “phenomenal” growth in turnover and staff numbers during 2020. The company, based in...

Supreme Court rules in favour of small business claims against commercial insurers

In good news for small firms, a Supreme Court ruling will see thousands have their disputed COVID-19 business interruption claims paid. It is expected that these...

New warehousing facility set for the East Midlands as Mars looks to reduce logistics carbon footprint

A new, multi-year partnership between Mars and DHL will see the construction of two state of the art warehousing facilities and the creation of...

Preventative healthcare specialist completes double acquisition of Lincs companies

Preventative healthcare specialist PAM Group has completed a double acquisition as it continues its buy-and-build strategy. The Warrington-based group has bought 66Fit and Physio Supplies...

Private equity fund swoops for Corby fruit supplier

Elaghmore, the UK Private Equity fund, has acquired Corby-based Orchard House Foods Ltd, the suppliers of prepared fruit, fresh fruit drinks and desserts, from...

Related news

Two tenants secure premises at Lutterworth business park

Two new tenants have secured premises at Cosford Business Park in Lutterworth. Wells McFarlane has recently completed two transactions which will see expansion for Deacons Martial...

Derby recruitment firm to open three new offices

Sky Recruitment Solutions is to open three new UK offices following a “phenomenal” growth in turnover and staff numbers during 2020. The company, based in...

Supreme Court rules in favour of small business claims against commercial insurers

In good news for small firms, a Supreme Court ruling will see thousands have their disputed COVID-19 business interruption claims paid. It is expected that these...

New warehousing facility set for the East Midlands as Mars looks to reduce logistics carbon footprint

A new, multi-year partnership between Mars and DHL will see the construction of two state of the art warehousing facilities and the creation of...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close