A former Ministry of Defence site on the Wirral has been sold to Northstone Development Limited for housing development.
A former Ministry of Defence site on the Wirral has been sold to a development company. The site has existing planning permission for 249 homes linked to a further 217 homes on the Riverside Business Park next door. It has not been made public how much money will be generated by the sale but the site has been valued above £500,000. However a December report ahead of a Wirral Council Policy and Resources Committee meeting said the site’s sale alongside three other properties would generate £7.
7m for the local authority. Money from the sale will add towards a total of £13,255,000 generated by the local authority from getting rid of land and buildings it owns. This will be used to help pay off a government loan after the council requested emergency government funding in 2021 and 2022. The plan to sell off the site off Old Hall Road in Bromborough was approved by councillors in March 2023 and it was later put on the market in January 2024. On December 20 2024, Wirral Council ’s director of regeneration Marcus Shaw agreed to enter into a contract with Northstone Development Limited. Northstone is a Manchester-based development firm founded in 2018 that designs and builds homes in the north west of England and forms part of Peel Group. According to its website, “it strives to create exceptional spaces, stylish environments and communities where families will thrive.” According to a Wirral Council report, 13 bids were received after the land was put up for sale but Lambert Smith Hampton, the council’s outsourced property consultant, selected Northstone as the preferred bidder and the council said their bid “reflects market value for the site.” The offer put forward by Northstone is conditional subject to a number of planning issues being sorted to allow the development to go ahead. However as the site was bought by the council using government funding, this will be clawed back from any final sale pric
DEVELOPMENT PROPERTY SALE HOUSING WIRRAL
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