Date
Sector
Investment

Former Pub Sites Set For Affordable Housing

 

Two former West Yorkshire pub sites have been ear marked for affordable housing, after being purchased by a local housing association.

The Raynville public house in Bramley, near Leeds, and the Wallbottle Hotel in Knottingley have been bought by Yorkshire Housing, off guide prices of

£275,000 and £250,000 respectively.

Planning permission has already been approved for the demolition of the existing buildings and the erection of residential houses.

The deals were concluded by the Leeds office of Chartered Surveyors Eddisons, on behalf of Punch Taverns.

Stephen Harrison, Associate Director of Eddisons said: ‘Sites like these, with residential planning permission in place, rarely come to market.

‘It is excellent news for both communities that they will be used to increase the amount of affordable housing available.’

 

Written by: Richard Roe on Friday 14/12/2012