Property consultancy Wakemans is advising on a £1.5 million scheme to convert a former public house in Heath Hayes into 25 new apartments targeted at first time and young professional buyers.
Wakemans has been appointed as project manager, employer's agent, quantity surveyor and planning supervisor on the scheme, which is being built by Cannock-based developer Cherry Blossom Homes in Hednesford Road.
Five one-bedroom and 20 two-bedroom apartments are being developed on the site of the Badgers Rest public house and prices are expected to range from £91,000 to £140,000.
"This is an important residential development in a Staffordshire town that is really going places," said James Shelley, client services director at Wakemans.
"Cherry Blossom Homes understands the current market demand for quality, but affordable, accommodation that fits in with the surrounding area, or better still, enhances it, and has selected a prime site in a much sought-after location."
Cherry Blossom Homes, which was established 18 months ago, acquired the site with planning permission.
Contractor Saunders and Jennings has completed demolition work, levelled the site and carried out ground stabilisation works.
It is about to commence construction of the properties.
"We are a new company with ambitions to develop quality homes across Midlands and are currently investigating a series of pub redevelopment opportunities," said Robin Saunders, managing director of Cherry Blossom Homes." ..SUPL:
