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HDD announces land deal for Kent development

15th January 2018

A supermarket, hotel and a care home are set to be developed in a multi-million pound project following exchange of contracts to purchase three plots of land in Kent by Henry Davidson Developments (HDD).

Subject to planning being obtained the development located to the South of the historic market town of Faversham, unveiled today by HDD, will include a 20,000 sq ft unit for a discount food operator, an 80-bed Hotel, and a 66-bed luxury care home for the elderly for LNT Care Developments.

The completed development will have a gross development value of around £14.7 million. Dozens of jobs for local people will be created during construction and at the new facilities once the project is completed.

HDD has exchanged contracts to acquire  the land from Hallam Land Management, part of the Henry Boot Group and Vendors FK Kemsley & Sons Ltd.; who were jointly advised by Strutt & Parker. The site is adjacent to a residential development being delivered by national house builder Barratt Homes. They are due to start building the first of 310 new homes in mid 2018.

HDD specialises in retail-led and mixed-use developments. The company recently completed major retail-led mixed-use developments at Didcot in Oxfordshire, and Newton Leys in Milton Keynes. It has also recently completed an Aldi store at Ashford, Kent, on behalf of regeneration specialist and investor U+I.

Subject to achieving planning consent, HDD hopes to start on site at Ashford Road, Faversham, in Q4 2018, with practical completion expected in late 2019, according to project director Kevin Foster.

“We are very pleased to announce that we have exchanged contracts to acquire these three plots of land from Hallam Land Management and FK Kemsley & Sons and we are looking forward to delivering important new facilities for the people of Faversham and the surrounding area.

“We are in the process of agreeing pre-lets with three highly respected companies who will provide a hotel, supermarket and care home which will give this historic market town an enormous boost alongside the new homes being built nearby. Subject to planning consent, we look forward to starting on site towards the end of the year.”