*This is a high risk, potential high return project. If initial planning is not obtained, we will return to the Local Planning Authority considering their reasons for refusal. If overall planning is not granted after re-submission, the option on the site will not be exercised and investors will lose their whole investment.
THE PROJECT
This project is to raise funds for the remaining costs associated with a planning application to convert two existing commercial factories (B2) and the
addition of a two storey new build to provide 29 apartments. The
site is legally secured with an option agreement. The full planning application has been submitted to Kettering Borough Council, planning reference no. KET/2017/0601.
A pre-application undertaken in May 2017 has received an advice letter stating it is likely the
proposal would receive a “recommendation for approval”.
The proposed exit strategy is to sell the site with full planning permission. This project also offers an 'invest whilst learning' element. The developers will communicate to shareholders via two webinars at the start and end of the
full planning process. In addition, they will provide weekly updates on the
project’s progress
ABOUT THE DEVELOPERS
Founders, MATT FAREBROTHER & MARCUS KEECH, FarebrotherKeech (Rothwell 1)
Matt Farebrother (left) and Marcus Keech (right) set up FarebrotherKeech (Rothwell1) in
January 2017, a new property development company with the simple strategy of
focusing on high quality, new build residential developments and commercial
conversions in Northamptonshire. The company is based on honesty, integrity and
professionalism.
Lead Project Advisor, John Corey, Property Fortress
John Corey is the founder of Property
Fortress Education Ltd. Over 30 years ago, John started his property investing
journey while working in Silicon Valley as a software engineer. Over that
period, John’s career included working for Steve Jobs at NeXT Computer and
being a beta tester for Linkedin. John’s first UK property investment took
place in 1994 after John joined the London office of Swiss Bank Corporation
(today’s UBS).
Head of Architecture, Duncan Jennings, APC
Duncan has over 15 years experience as a
R.I.B.A. Chartered Architect.
His proven
portfolio of designs and projects provide innovative and cost effective designs for
large multi-million new build schemes through to bespoke extensions to existing
buildings. Duncan
has extensive design,
construction, project management and site experience which
adds significant
value to any proposed
development.
Head of Planning, Sally Stroman, APC
Sally has extensive experience in planning
in both the public
and private sectors. She
was an
instrumental part of the team
that secured planning permission for the
Emirates Stadium and the wider Arsenal regeneration scheme. Sally is involved in all aspects of planning using
her development management skills and experience.