JMW Advise Warwick Investments on Regeneration Scheme

The commercial property team at full service law firm JMW Solicitors LLP have advised Warwick Investments on the acquisition, development and onward sale of all five phases of a regeneration scheme in Nelson. 

A team led by Partner Thomas Pearson and Associate Julian Rogozinski advised North West developer Warwick Investments (UK) Limited, on the sale of 17 dis-used houses and commercial buildings at Bankhouse Road and Regent Street, Nelson from The Borough of Pendle Council,  as part of a regeneration scheme. 

Warwick Investments teamed up with The Borough of Pendle Council back in May 2014 as part of a regeneration project to renovate and develop 17 purpose built residential houses over five phases.  Each completed phase has then been sold to property investor, WUKPG Group.  The units were vacant for a period of up to five years prior to the commencement of the project.

Building works completed on the fifth phase in June 2015 and the final units were then sold to WUKPG Group. 

The project has been one of a number of regeneration schemes which Warwick Investments has its sights set on in 2015/2016, with the aim of working closely with local Councils to renovate dis-used homes and create value to residential areas within the region.

Michael Warwick of Warwick Investments has commented:

“We are very proud to have worked alongside the Borough of Pendle Council on the regeneration of the Nelson area, which has been one of a number of our successfully completed developments within recent years.  We have our sights set on a number of exciting regeneration opportunities in the North West region over the next two years and look forward to working further with local Councils in this regard.”

Julian Rogozinski, JMW Solicitors LLP commented:

“We are delighted to advise Warwick Investments on the purchase of the property from The Borough of Pendle Council as part of the regeneration of Nelson. The renovation of the dis-used homes has been excellent and added real value to the surrounding residential area. We are looking forward to working with Warwick Investments in the future on further regeneration projects.”


WUKPG Group was represented by Sean Daly at Abacus Solicitors LLP.

 

Ends

 

For more information:

 

Samantha Meakin

0161 828 1981

07595 277 842

samantha.meakin@jmw.co.uk


Note to Editors

JMW Solicitors LLP is one of the leading Manchester law firms and offers a broad range of legal services to both commercial and private clients.  We are committed to providing legal services in a cost effective and timely manner.

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