We are delighted to report that Day and Bell have acquired yet another attractive local centre development in Stockmoor Village Local Centre, Bridgewater, Somerset for the benefit of our management client Devonfields Ltd.

The local centre development comprises 10,000 sq ft of ground floor retail space in seven units with a mix of retailers and services and anchored by a 4000 sq ft Co-op Convenience Store.

Stockmoor Village is a new urban extension development to the south of Bridgwater Somerset. When completed, Stockmoor Village and the neighbouring Wilstock Village will provide 1,460 dwellings. The overall development includes public open space including a new country park, play and recreation areas, and a primary school. The scheme also includes a 70-bed care home, 11 town houses and, potentially, a family pub / restaurant. The local centre will be the heart of the new Stockmoor Village community.
The investment value of the centre is approximately £2,160.000. The site was acquired from the developer Henry Davidson Development Ltd (Development Securities plc) subject to construction by HDDL. The construction is due to commence spring 2012 with a view to complete by the end of December 2012. Day and Bell has also been instructed to provide project monitoring service during construction. Day and Bell will be responsible for the rent and service charge management of the scheme.