Kendal Residential Development Site Sold

Acting on behalf of private vendors, Peill & Company have, in conjunction with Lancashire based Pugh & Company, sold a former warehouse on Cross Lane in Kendal with planning consent for 7 dwellings, at the Pugh & Company auction. Peill & Company acted jointly with Pugh & Company, and the successful purchaser is a residential developer who intends to develop out the property in line with its consent for demolition of the existing building and construction of 7 dwellings. The site sold for 175,000.