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The Tannery, Oswestry

The Tannery, Oak Street, Oswestry,

£7,000
of £240k
5
Current Investors
2.92% Funded
6 days left to fund
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THE OPPORTUNITY

Project Summary - Phase 1 Development is the build out of 12, 2-bed units with parking 
Share Price - £1,000
Raise Amount - £240,000
Number of Shares Issued - 240
Projected Return on Investment - 27.34% (before tax)
Expected Completion Date - 47 week build period

Note:   Whilst the developers are planning to sell the units off-plan, the  expected completion date does not include sales of the units which will be used to repay investors.


THE PROPOSAL     

To develop the former Tannery which has been cleared, into twenty-two, two-bedroom residential units and two, one bed units in four blocks and associated parking.   Scheme has detailed Planning Consent and Building Regulations Approval.  The scheme is, subject to statutory notifications, ready to construct.  This is part 1 of a 2 phase project.  
                   

THE LOCATION     

Oak Street is located just off Oswestry town center (Shropshire), and very close to shops, schools, restaurants, pubs and entertainment. 
Oak Street provides the access to the site for vehicular traffic and a route directly to the town centre, which is a few minutes’ walk.  It has strong bus and rail links with Gabowen rail station nearby. 

The location is one of a residential and commercial nature.  The development is suitable for a mixed aged demographic which will be catered for in finish.

TIMELINE

Construction will start in January 2019.  Timber frame construction will be used for speed and is a construction method that the developers have experience with.

THE TEAM

NICK STOCKDALE, Managing Director




Nick Started his career within the construction and Property Industry working for an Architectural Practice.  He proceeded to progress to the client side following completion of a 3 year RICS accredited degree course in Property Development and Asset Management at the University of Salford.  Whilst studying Nick was the Marketing Manager for a local building contractor in Manchester.


Following Graduation Nick worked for Grantchester Group PLC, a national developer and investor in Retail Warehouse property based in the City of London. Following a successful time at Granchester Nick returned home to the North and set up Limegrove Homes in 2001.

Nick has a wealth of residential and commercial experience and founded Limegrove Build Ltd, the construction company that undertakes development building.  


SCOTT DOUGAL 



Following a carpentry apprenticeship which started in 1989, Scott formed a company fulfilling carpentry contracts in and around the north of England, during which time, the company was employing up to 40 people at a time.  

Scott has been involved in timber frame construction since 1997 and had the pleasure of being a preferred contractor for Thomas Armstrong (Cumbria) and Eleco timber frame for the erection of their timber frame buildings for a number of years.   During this time, he was responsible for various size sites from unique one off builds through to sixty house sites and six storey, 100 unit apartment blocks.  He was responsible for all on site construction activities daily.


The Tannery, Oak Street, Oswestry,