Angle Property have acquired a 3.7 acre freehold site located on the northern edge of Olney in North Buckinghamshire for £2.6m. Olney is a popular and affluent market town to the east of Newport Pagnell. The site is allocated for retail development. Angle are in discussions to pre-let part of the site for a convenience food store and have submitted an outline planning application with the remainder of the site proposed for 26 residential dwellings.
Commenting on the acquisition, Tony Williamson, Director at Angle Property commented: “This is a prominent site in a strong town which can provide a much needed, and appropriately sized food store for Olney together with a small scale housing development to meet local demand”.